An interesting case rose in the state of California this year regarding a bankruptcy lawyer who utilized DocuSign for many official legal documents.

If you file bankruptcy on the entity, the loan can turn full recourse to the guarantor. 

•Can I acquire the home if the owner has filed for Ch. 13 bankruptcy ?

Bankruptcy law says that equity could be later be deemed a fraudulent conveyance if the previous owner were to file bankruptcy in the future. 

i.e. bankruptcies, family, etc.

AS long as you fully understand the risk... if your deals don't work you just saddled your self with almost certain bankruptcy.. if they work your the next Hewlit and Packard.

All of these may not be triggers for you and me but it may be triggers for other investors.The strategy you had in place is not working -triggerThere were additional costs that the previous owner did not reveal to you -triggerIf you got ripped off by people -triggerIf you partnered with someone and you do not get along or can't agree on nothing - triggerOne of the big employers in the area filed bankruptcy -triggerOne of the big employers in the area decides to move to another city or state -triggerhome owners association is similar to Hitler's gestapo -triggertenants association is unreasonable and troublesomeIf you see another deal that you like better -triggeryou feel the market is going to change -triggerIf the weather changes and suddenly you find that your area is not the same ie drought or flood or mud slide -trigger Insurance increases because of weather change -triggerfound out that the land is contaminated - triggeryou are tired of dealing with the property -triggertenants not paying rent -triggeryou took on more than you can handle -triggerproperty taxes went up -triggergangs in the neighborhood -triggerfamily issues change your priority and you simply cant handle it no more -triggeryour tax abatement has expired - triggertransportation has discontinued in the area -triggerlegislation to put in a new transportation station has been vetoed or approved -triggerthe team (ex contractors, project managers, etc) you tried to put together doesn't work out- triggerillegal activity found on the premises -triggertenants tell you place is haunted and you know someone died on property -triggerdemonic neighborsabundance of pests -triggersink hole formed - triggercess pool discovered -triggerwater contaminationpopulation changeschools accredation changesschools shut downtenants or their family starts shooting at each other or youwrong type of business sets up shop near your property, or they are too close or your comfort. ie gas station or drug dealer or prostitution or cemetery or factorywhatever does not float your boat -trigger

Treat this like a Bankruptcy of sorts, applied to one property. 

Bankruptcy info?

You can do all the Smartmove researching and just like with a Stock, one bad Economic news event or like Hurricane Mathew could take a left turn and we have 160 mph winds running up the length of Florida and all the fly by night Home Owners Insurance companies declare Bankruptcy and no one gets paid for damages.