1) Yiu REALLY need to know what CA will  allow you to do, I don’t know, but the state may say too bad landlord, you lose. 2) Assuming your attorney (Or you if you’re able to decode the laws that relate to your situation and are willing to go to court in front of a judge against a “sick” kid.) think you have the right to collect the rent I’d give them two options. 

Keep saving money. 

People on that app with Quest shall be on exactly the same app (which does an awful lot for the money…some of you are so penny wise, pound foolish when it comes to your time & money, valuing the latter over the former by much too much) with different window dressing.

Learn the eviction procedure for your area, perhaps contact a lawyer in the field to help you with this one, and get the fraudster you're currently housing out on the sidewalk to sleep in a cardboard box where they belong.You're going to lose plenty of money here, but this will never happen to you again, and you can minimize your losses if you move as quickly as possible.

The question I'm up against is what private money is going for these days for a build with this much room for upside.

@Rafael Ramos All your goals contradict each other:(1) Cashflow: buy Class C & D properties2) Appreciation: buy Class A & B properties3) Low Crime: buy Class A & B properties4) Why would you want your investments to lose money to lower your taxes?

If you didn't actually get any money, how do you know for sure they are a real legit lender? 

Here’s a breakdown of the main ways investors fund their first deal while minimizing their own cash outlay:1.Private Money & Hard Money Loans– These lenders focus more on the deal than on your personal finances.

Thank you in advance for helping me navigate this decision.I have a long history of fix and flips in several states and the first thing I want to point out is that you make your money in the "buy".

There are tons of hard money lenders out there, my question is why them?