All it takes is one non-payment or messy eviction to set you back months and even years in cash flow.

Ultimately you can only hold it down so far and the government will eventually get their money. 

Non-compliance can result in penalties up to $500 per day and potential criminal charges.

Which leads me to my final point, but not numbered.If I was you, I'd sell this property and 1031 into a non-HOA property that is attractive to own and fits #3 profile-- 1.25 DSCR + healthy reserves.

The formula you gave is for one month's interest on a NON-amortized loan.

What would be the best course of action to sue them for non-payment? 

If I have a problem with my newspaper delivery or something equally non-critical, I'd like an answer or fix  now, but if it's later today or tomorrow, not a big deal. 

Social security number is definitely not required for non-payment for eviction in NJ.

on their workshop I've asked if LLC owned by 2 non-residents which is partnership and owns michigan Single-memeber LLC would need to fill our 5472.

Financing as a non-US citizen might be a challenge, but it’s not impossible—I’d recommend reaching out to lenders experienced with foreign investors early in your journey.A few general tips:1.