Which ok, I get it, ACH cost money, BUT, RentRedi does not give the landlord the option to pay that. 

I suggest you enter private money goldmine in search botton at top right of the screen and read the previous posts....here is one that gives good perspective as well as a link to legitimate private lenders.http://www.biggerpockets.com/forums/92/topics/1488...

@Jeanette LandI always recommend using a tax professional.

It is your first year when you get the major tax savings windfall due to cost segregation and bonus depreciation.

Quote from @Chris Pontello: Hi Chris,Correct me if I'm wrong as I'm still learning creative financing solutions, but paying them some money would be if I could take over the loan.

Some are owned by my ROTH IRA and are making tax free cashflow.

According to our understanding:1) California does not recognize REP status, but we could claim it on our federal taxes, is this correct ?

Are you quoting net cash flow - after taxes, insurance, maintenance/repairs, property management if needed? 

That’s our concern about it penciling out on paper but the reality might be that it ends up costing us money.

However, this means you’ll need to comply with the annual filing, franchise tax, and reporting requirements in both states.