I had one client ( and this is why many section 8 folks fail)  his rental had kids in it.. the kids decided to use the oven door as a step ladder and broke it off.. tenant of course requests repair .. owner says no way U did.. tenant has no money to fix it..

U need to make more in CA in my mind than the US everything being equal.

End of the day U will probably just chalk it up to cost of doing bizz and being successful in that bizz and move on..

@Travis Bobo  the written gurantee is WORTHLESS  they just fold up and move on.. what are you going to do.. there is no free lunch in real estate and there is no buying your way into success its earned and its dog tough do not let anyone tell U otherwise.. listen to Steve he knows as well.. he is a for real investor who does deals..

U can do as @Don Konipol suggests just have the lawyer review the paper work.

Anyway my Banker was like say what.. that's when i learned of Gap insurance.. so they had to offer Gap insurance for the exact reasons U mention above .. 

Joe's U outside of Philly instead and just gave up on the basketball.Everyday after class, all the kids who like to play would go to the greenhouse we called it. 

Def following what happens with u guys closely!

U need equity in case your forced to sell so you dont have to write a check to sell.. real estate is about making equity and spendable cash not just acquiring over leveraged properties unless your such a high earner that you doing it simply for the deprecation benefits.

Appreciate the advice, I keep everything u said in my mind