This often results in homes lost to foreclosure, credit ruined, bankruptcy.  

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

You can attempt to file bankruptcy personally if it was transferred to your name.

What should I ask from them to verify they are a good fit for the KP.I read that the KP's biggest risk is if I file bankruptcy and they become personally liable for the loan and get sued by the LPs. 

Create columns for Name, Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status, Email & Phone.Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three of the list per contact?

@William Yeh   Under non-recourse loans, the guarantor is not generally responsible for losses the lender incurs, unless they commit certain bad acts; such as fraud, waste, damage or destruction, misapplication, misrepresentation, bankruptcy, or environmental contamination. 

A declaration of bankruptcy by a property owner can delay foreclosure or redemption, and tie up your money for years. 

Your corporation may have to declare bankruptcy, but at least your personal home and other assets would not be at risk.Good luck!

Do you lock them down, screen them, call references, verify employment, disqualify felons, require 3x rent vs income, credit check for bankruptcy/evictions, and lock people into 2-3 yr leases?

I filed bankruptcy but this house is still in my name.