If a tenant would refuse to pay, you could perform an eviction just as any landlord would be able to do. 

A local couple who’se combined income is 300K and who sponsored the family’s immigration to US is willing to be co-signers for the family of 5.I am thinking that Party2 will put more miles on the house and may be harder to deal with in case of any complaints or eviction, though I am not an experienced landlord so I am not sure what are the factors to evaluate or what all can go wrong?

Build up your portfolio with a professional landlord and then as your portfolio grows transfer the assets over to a larger PM firm for ongoing accounting and management. 

Most landlords in Lawrence township now take evictions through Superior court, although that has added costs and is a slower process.  

Thanks Talk to experienced PM's and Landlords in the area.

CA is an expensive market and regarding tenant laws in my eyes more complicated/difficult as a rookie landlord.

A magistrate is the lowest level judge who deals with landlord/tenant and small claims cases but they don't even need to be a lawyer to get that position. 

It's not fair for his future landlords not to know about this terrible tenant.

I jumped into real estate doing the BRRRR method, understanding that holding property will allow me to build generational wealth, but then learning that landlord income is not the best way to feed your family.

Know this: the #1 reason why landlords fail - failure to manage to the lease (source:  American Apartment Owners' Assn).