We have a judgement but since they closed their offices LLC that entered into the contract we have no way to collect.  

The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.   

I should note that that I was using Baselane's banking service to collect deposit and rent, and had moved the funds immediately to my private bank after I collected (thank god!).

For example:Current rental unit: you collect $2500 in rent.

In a few of the states there is either a form. you must sign or an application that your escrow closer must file in order to exempt from any state taxes or withholdings that might normally be collected at sale . 

I actually collected the differential of 7% interest on the $50,000 note (this was an interest only note - not amortized) for 18 years!.

@Rickie LattimoreGive up 95% of the equity - oversee the properties and collect a management fee.

Quote from @Michael Baum: Hey @Marc Shin, short answer, yes.A couple will want to wash some clothes if there are there more than a couple of days.

If so, then I would return the portion of the security deposit to the one leaving and collect that same amount from the one staying.