They're complete information ca be found on the court-mandated form Duties and Liabilities. https://www.courts.ca.gov/docu...Depending on where your located at in the Bay Area you'll have to make a trip to your local county courthouse to view the estate file that should include the form..

With such high incomes you may be better off as a group saving to a higher amount, say 40-60k+ each and syndicate a small/medium apartment complex together.Syndicating apartments may be a better alternative for you since you have so many people together as a group. 

By this time the new tenant is threatening to call Fair Housing Court.   

To report it with the Jp court is $99, then it has to be recorded with the County Clerk’s office.

Purchase price: $3,200,000 Cash invested: $25,000 88 unit apartment complex close to Nashville.

So clearly there's a problem, but on other days there's been no issue so far.It does seem like sooner is better rather than later, but with all the Covid-19 stuff (court closures for enforcing contracts, etc), my friend has been trying to wait a bit for things to stabilize.

Deals are out there they just fast.I stay away from condos because of the HOA and rental rates, There are so many institutional investors building condo complexes which make that market feel saturated.

You’ll pay a little extra for this service but the manager is in your court because they benefit from a house which rents well. 

Ashley,Georgia does not have statutes on rent withholding or repair & deduct remedies for tenants, but Georgia courts recognize a tenant's right to repair and deduct.For more information, see the Georgia Landlord Tenant Handbook, 2017, Georgia Department of Community Affairs.Also, check your local housing ordinances for any city or county rules that cover tenant rights when it comes to repairs.

There is no REAL legal documents for you and you have to go to court in hopes of getting something out.And I wouldn't go to court if I invest 5k because the court will cost me money too.On the other hand I can use this 5k for down payment to buy a property and rent it and let the renter build me equity with solid legal paper work.