When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

If the housing market crashed or even corrected, I'll be loosing what I paid as down payment(25%) on both of my rentals.

Also, because the boxes are cheap, the door hinge screws tend to continually loosen up - the wood must be real loose grain. 

I was loosing 20 to 15k per month.

We got top dollar and set her up with a solid financial advisor to live her best life after loosing a loved one.

The faucet handle is loose.

You may have even dropped investments due to their excessive volatility.That’s why our fund diversifies across various sectors, like Broadway, offering you 12% fixed returns on your promissory note investments.

Also - presuming you paid more for the property than was owed on the mortgage due to competition on the auction (several presumptions there) - the previous owners are entitled to those excess funds from the court - which gives them a resource to be able to afford our rental rates. 

There's a misconception that these loans are loosely originated, similar to 'NINJA' loans, which contributed to the previous real estate crash.I have included a Bigger Pockets article that goes over the documents and nuances for a DSCR loan, which sounds like a great option for your scenario.