If they fall below 100 points they are rejected, if they are over 130 they are offered the unit, if they are 100-130 it is our judgement to put them in a holding pattern to see if we can get a higher point candidate.

Of course the MIA owner will not answer the suit which will then become a judgement which then you can take to a judical sheriff sale & most likely end up with the other 50% interest. hopefully that makes sense.

Since I have his SSN, my second thought was to just get the judgement on him, then wait till after he ships off to boot camp and notify the people in charge once he's gone.

Even if they HAVE moved out, and for whatever reason did not notify you, or pay the rent due - you want to make sure you have an execution judgement against them.

I spoke with him this morning and he told me he's got 75 uncollected judgements (out of about 10-15 rental properties over the years). 

Your tennants are judgement proof.

There could be however financial consequences but alas Its easy to get a judgement and hard to collect usually. 

I'm not an attorney, but in FL your primary residence is judgement proof, it's not enough to be homestead it has to your primary residence, make sure it's where your registered to vote, receive your personal Mail ect.Google OJ Simpson judgment proof mansion in Florida, he had a multi million dollar judgement they could not touch his home in fl

Hi Meg, I remember your other posts about the subject, and I wasn't trying to be judgemental, just kind of stating the obvious.

If the lender suffers a loss on this resale, the lender get file for a deficiency judgement against the borrower personally (he has signed a personal loan guarantee).