For that tenant, only used it for rent collection. 

For collections in Southern California, try Sutton Law Center or California Judgment Enforcement.

Only one bank account needed, but you'd have to track income & expenses to do transfer and year-end accounting.As @Nathan Gesner mentioned, not really worth it.You two could also open a joint bank account for collecting rent and pay expenses, just be sure to track everything.Do NOT do what @Paul De Luca stated about transferring title!

If either of them were to stay involved, it could cost you money and you would collect less.Send it to collections yourself.

The collections agency we use currently says that without an application they can't do anything.

Hi everyone,I have a few questions around material participation for an STR:1) Activities that count: does anyone have a list of things we know for sure count (eg based on court cases?) Do home improvement activities ...

Where are the best places or best ways to collect data on specific markets?

Does anyone recomend a Rent recovery service or collections service that will go after a tenant who doesn't pay rent or skips out on the rent and leaves.I have their social etc. and they owe me 3 months of rent about $4500 and trashed the place. 

Hi All,I have two door's and am collecting rent on different apps like venmo and cash, but I want to open an llc and collect rent on through that.

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.