You have to pay for the machines and the utilities so the money produced by tenants is probably just enough to break even.

Go to the website of the Arizona Corporation Commission and do a search.While there is no guaranty the LLC is registered in Arizona, if it's an LLC that is owning income producing property in Arizona, there's a good chance it will be registered in Arizona (at least it's supposed to be registered in Arizona).http://www.azcc.gov/divisions/corporations/Looking at the site may or may not give you the information you are seeking, but it's definitely the place to start.Good luck.

The problem is when she moves out, the property will effectively producing 0 income. 

RS likely has the K-1s from the partnerships, and just hasn't produced K-1s at the RS investor level. 

I have healthy reserves in both properties and properly budget Cap Expenses, along with my regular expenses (vacancies, repairs, etc).

It has been a solid cash flow producer.

Includes garage/storage building.With very conservative underwriting, it produces a CoC return of 16.78%High level monthly expenses:Vacancy $45.00 (5%) Repairs $45.00 (5%)CapEx $45.00 (5%) Insurance $60.00 (7%)Management $108.00 (12%) P&I $331.89 (37%)Property Taxes $59.17 (7%)Total $694.06 (77%) What made you interested in investing in this type of deal?

I don't but I bet my wife does  her maiden name Is Lori Wika and she ran the C 21 office in Longview / worked there and was a top producer in those years... 

A quick google search produced the Neches County listing  http://www.nuecesco.com/county-services/county-clerk/filing-department/foreclosuresRead the directions carefully.

Hopefully, he will be able to stay healthy and pay rent on time.