Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear. 

If you’re paying off less than $800/mo on your loan id say sell come April selling season.

Granite, I know CA tends to see a lot of this; more than likely due to a lot of people owning Solar.My question is the owner that has a lien status associated to this Lien description (Notice of an Independent Solar Energy Producer Contract), is this a standard practice of just owning Solar (thus wasting time prospecting these individuals) or does this simply mean they (the solar company) took out a lien against the owner because the solar company is trying to collect their money.

I imagine this is a similar model to Redfin's associate agent program that pays by hour/tour.

If you have cash, you could pay off the underlying loan2.

So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold  you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also. 

The only “good news” is you’re paying for last year’s shortage and thsi year’s taxes, or this year’s shortage and next year’s escrow account. 

Quote from @Robert Gunn: I would also be very interested in hearing student or JV experiences with Pete and his program.I stumbled upon him by chance and for fun (I've been investing in land for years) signed up for his "free" course, which he promises after he pitches his $499/mo software system (which is basically an overpriced CRM) and then after the first "Level" in the course, you are directed to a pay page to access the rest of the "free" course.  

To be clear, you are not paying off the 80K mortgage.

@Jon D. some questions, the answers may help you better focus.1) Why did you pay your primary mortgage off in the first place?