In January 2023, he started eviction proceedings on squatters in the home and won a judgement by default in May of 2023 and the squatters moved out.

The most concerning is the stuff that is beyond anyone's control or even due to the lack of judgement or intelligence by a guest.

@Jay Hinrichs Developments are definitely BIG money makers, but thats also reflected with the risk associated.That's why these projects take so much time and capital, but if you make the right judgements for project selection, and do all your due diligence, it'll turn out well.

This will ensure that most of what COULD go wrong gets addressed on the front end so that you don't have to get bogged down with ongoing maintenance judgement calls.If none of these suggestions seem tenable in reducing the brain damage associated with owning property, then owning rental property directly might not be for you. 

I would think you would need to pull a title report and see if there are any liens / judgements as well at least the owner should..

I did get a judgement against her, had it recorded, engaged a collection agency, but after 3 years have yet to get paid. 

For the record I also am not a YouTuber, nor do I partake in social media other than this, or am I trying to convince anyone of anything, but I understand the judgement and attempts to again otherwise discredit one person's experiences...

If they got incapacitated for life, a judge or jury decides it's $1 million, then the judgement will be $1 million.

I have a stipulated judgement against a former tenant who is in breach. 

At that point, I will start to make some judgements about growth vs. payoff vs refi, etc.You could use the money to continue to accelerate the payoff of your primary then get a HELOC on the equity to fund the downpayment of a rental property if/when you find one.For me though, I'm making minimal payments on the mortgage and getting the investment snowball rolling as soon as I can.