What accounting or payment platforms are you currently using to collect utility payments and rent?

@Jeff Ryers a background check costs money, so free is not attractive.Also, no application fee, in our experience, only attracts broke applicants, who turn into nonpaying tenants.Google PMCs in your area and check their websites for their application fees.

Most generally, Form 1040NR (Non-Resident Tax Return) is filed with the IRS.

And it may be worth it if paying off the other loan frees up significant cash flow in reduced mortgage payment.2.

Working on your credit may be more important than your income going non conventional lending.

I'd like to both appreciate and cashflow, and by going with a huge down payment, I think I can do it, even in Southern California.BTW, I am a newbie, kind of fell *** backwards into my current situation, and would like to grow my inadvertant good fortune.

The monthly payments are much lower than buying in California, Nevada or Arizona if the house were to sit vacant. 

It's not a benefit if you are the one making the payments to pay it down. 

It sounds as if the property is owned as tenants in common where the property is deeded to two different LLC's.If this is true, you would report your 50% activity on your individual return if it is a disregarded entity, or on a partnership return if your LLC has more than 1 member in a non-community property state.Best of luck.

@Evan LoaderThere are sponsors out there who take non-accredited investors, but just like good sponsors in general they are hard to find.