I have a judgement for $800 but know I will never see it.

And my point is 1% would ever see the interior or a courtroom in a full blown trial.these things all get settled in mediation or arbitration that's my personal experience. and you can have all the asset protection you want but if someone sues you   you still have to pay to defend.. they may not collect the judgement but your still out the defense dollars right ? 

This way you can back out of the contract if 1 unit is not delivered vacant, the engineer report from your home inspector determines the structure is unsafe, and/or the property doesn't appraise for contract value.Regarding brick vs. stucco, this will be a judgement call.

Question I have for myself:--Im strongly based about using this benefit and is it clouding my judgement.

many we rent to are judgement proof. 

Also its important to note.. that during the GFC the US govmit put a moratorium on banks filing deficiency judgements against borrowers.

No evictions/bankruptcies/ unpaid judgements We tell them we will run a background check and handle felony convictions on a case by case basis in order not to run afoul of any disparate impact claims.We publish this in all of our ads, the tenant questionnaire, and their application. 

And finally, I am sure the judge would find humor in "Don't Sue Me" as they award a judgement to the tenant.

If all those things are in place, you will get a judgement to vacate (99.9% of the time.)

If its a $200 tax lien and the unit is worth 25k and the taxes are $300/yr, sure you may get it at foreclosure, but more often than not (like 98%) the owner will redeem before final judgement.