Once again, I really appreciate the feedback. lots of ways to structure it, seems like the easiest for you would be a simple loan.TALK TO THEM and try to find solutions. asking for 10 (probably best to make it 15 for overages) for a ~12 month loan @ 10ish% isn't a bad deal. use a longer amortization or interest only so you can make payments back to them immediately. if the deal is as you say, there should be little worry about a refi and in 6 months you can pay them in full. 

Hi Jason,You have spoken to one resident who seems to be saying they are going to abandon the property.Since you have a heads up on this, it might be wise to speak to the other resident (via phone) and see if he intends to abandon it also, or if he intends on staying.Also, I'd avoid the drama of the whole situation and just say she said she is leaving (without going into details of the she said/he said thing) and you're just calling because you wanted to know his plans, without mentioning any personal accusations she has made.Maybe he will stay and your problem is solved.But sticking to business only in the conversation will probably be the easiest rout.Resident drama happens all the time.Good Luck!

It sounds like it will be easiest to open a CA LLC if i'd like to start building credit. 

Since it is zoned duplex, it would be easiest to use that space for storage.

Plaintiffs (those bringing the lawsuit) always look for the deepest and easiest pockets to pick.

@Corbin Jones the easiest solution for one property is a seperate bank account. 

@Elford Stephens for the tenants that don't have bank accounts can they get a gift card?

Would a nice gift card to a restaurant suffice?

Beware Trojans bearing gifts  :) 

There is no closet there, so having a central coat/storage closet would mean easiest access to the entire house for jackets/vacuums/etc.