That's the situation I am trying to address. 

The tenants threw a party and neighbors called it in and now he is dealing with the City on how to address this.What we think should and shouldn't be enforceable isn't relevant.

I agree with the majority: the wisest move is to live in an affordable market where your dollar will go 3x as far.I didn't give any advice, I just laid out a viewpoint.To address your point, does it matter how much the PITI is, or how much the PITI is relative to the property income?

Message me the address, I’ll look at it. 

If interested send me a DM for time and address. 

Re 3X 6X not sure what you are speaking about.I was addressing reserve requirements which do not have anything to do with PITI 

CA's Secretary of State forms list the name and address of either a manager or member, so unless you're hiring a third party to serve as manager of your LLC, anonymity is very hard to achieve once filing publicly in CA.As to the probate part, you're right that going through a court probate is a huge hassle, including being expensive and time consuming. 

No, just inform them you are the new owner (they may want proof) and provide them with the address to send payments. 

If money were no object, do you have a specific property (whether it's for sale or not) and address that would be an ideal first investment for you?

Not sure about Georgia, but in Washington we have a revised code that addresses this.