I've been working with her...I know, probably a mistake (sigh)…but I'm in a soft rental market and she does at least get the full rent paid (plus late fees), albeit in pieces.As an aside, wWe had a "Come to Jesus" talk and supposedly she is looking for a p/t job to supplement her expenses. 

There is also a supplement homestead exemption for 25-35% depending on the home value.  

Did you partner with a GC to supplement for lack of previous GUC experience or were they willing to sign a guarantee?

However, I got into real estate investing as a mean to supplement my income to pay for school and get out of debt.

Essentially CA supplements your property taxes.

This is straight cashflow of course which is nice, but you want to roll this into more cashflowing real estate assets, not leases.This business model supplements my buy and hold rental portfolio nicely.

For example, I might use it to fund or supplementally fund a fix and flip project, or a BRRRR investment.

So far, I've done a good MTR business to supplement my STRs, but they have been primarily contractors and travel nurses. 

I don't have any exemptions since I'm an investor (primary homeowners have homeowner and supplemental exemptions which brings their taxes down significantly). 

Keep in mind that you must live somewhere so if you can simply supplement your home payments via a househack and gain equity by forcing it, plus market appreciation and amortization, you could be successful.