What makes 100% total sense to tenant does not always compute with what you need to be successful as an owner....and #1 in that field is collecting rent.

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

In the future I will likely use a combination of a leasing agent for doing showings and a virtual assistant for handling leases, marketing, recording rents and calling for collections.

Myself I think if one wants to get into real estate in CA you get into the bizz you get licensed so you can legally collect fee's you put in the hard work like most wholesalers have to now..

Impressive!

It's not cheap, but I'm pretty impressed by the quality of resources and coaching they offer.

Just a point of fact Class action suits are a pipe dream at this level in almost all circumstances. there has to be money to collect.  

If not I would suggest finding a servicer to collect and manage that note. 

Sometimes it can be difficult to collect and some landlords will keep any unpaid utilities out of the security deposit, though CA is one of the trickier states to do this in.

Start collecting contact cards and fill that phone with everything from plumbers and painters to bankers and lawyers. sorry this is so long and drawn out.