You can fairly collect some form of compensation for being the managing member.

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!

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

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

So some grey area on what you may find reasonable and what perhaps some hopeful tenants find reasonable and be sure to not violate any fair housing law in setting occupancy standards, but I generally think most renters are reasonable on if 3 adults, they are looking for a 2 or 3 bed rental and not a studio.

I consider myself to be fairly educated but I have no clue what you are asking. 

Similar to touchstay but it lets me collect guest emails prior to accessing guidebook.  

What is oaklands 'base year' for determining a 'fair return' under rent control?