Seller agent disclosed today that the seller is filing for bankruptcy.I am already in escrow.Besides the checks that the title company will do, is there any additional steps I should take to make sure that this house is not subject to repossession by any creditors?

It is one reason even the lawyers who threaten suit against me never file.  

Even with a 5% down payment you are looking at a $2,494.00 a month principal and interest.

I'd wanna talk to others in. the fund and if they are a legit fund there are legal filings they need to have done. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

They may end up in a different state,  at a different address than that which you have on file, different phone number or don't answer. 

With real estate, some of the biggest pluses aren't seen in ROE (or ROI for that matter, at least until you sell), namely appreciation, principal paydown and depreciation as a tax write off.

I'm not the one to promise anything as I am not one of the very talented producers at BP, but please submit your info through the link biggerpockets.com/guest and we keep inquiries on file for the future too!

And you’re still getting principal pay down. 

The lower of the current rents and market rents are used to determine DSCR, but some lenders will go up to something like 120% of market. 3.DSCR is calculated with principal, interest, taxes, insurance and HOA (if applicable) vs rents.