Of course to maximize your tax benefit it needs to be sustainable over time. 

@Hellen Sut in Michigan, once we have a money judgment, we try to garnish: wages, bank accounts and their state tax refund.

Well I have seen this come into play - I had someone who has a note in florida that was a non-owner occupied loan and the lender claims the borrower failed to make payments on this and attempted to record the deed in lieu.

The previous owner claims they never had the titles to these trailers, so that is not option. 

Would you rather her destroy your property, your insurance deny the claim and you're out all that money you just put into the rehab?

Do they offer to help you collect or file a claim against them?

That claim can not be even remotely true.  

Don't trust what ANYONE tells you about a market without solid data to back it up - this includes claims about how many transactions they've done or a single example (that's often from several years ago). 

My mistake for not inspecting the property beforehand. Paid 12800.based on google mapsThe property is a mess. Need to clean the junk out of house .. hoarder . Bathroom and kitchen need redone. Large tree in back is de...

You and Him are filing one joint tax return.