-Joe Rudi, Baltimore I'm not sure of the rules in MD regarding garnishments, but what I typically do is once there's a judgment go after the bank account.You can also pull a credit report as usually one of the grounds is collection of a debt or rent.

Your Cash on Cash (CoC) is the ratio of the Cash Flow Before Taxes (CFBT) / Cash outlay {read: the amount of cash invested} ... though I've seen some folks {incorrectly} calculate it as NOI / Cash Outlay ... which would be true if you had no debt or reserves.As an example, say you bought a $100K property with a 20% down payment, an additional 10K in make-ready renovations and 2% Closing costs, your cash outlay would be: $20K + $10K + $2K = $32KNow, suppose the property throws-off $200/month in cash-flow each month {NOI - (debt service + reserves) } or $2400/year.Your CoC would be 7.5%

The loan, now unsecured, stands alone on its merits for the lender to determine if legal or practical to attemp collection from other assets of the debtor. 

It helps the debtors.

If it were me and I don’t know your situation but I’d buy the war zone home cash and live in it rent free with no internet cable eating rice and beans for 2 years and get crazy with that debt or as others said restructure It somehow.

This will save a big chunk of cash for future investment and may shorten your investment time table.If you were already loaded down with lots of debt, or were getting much higher interest rate, or adjustable rate, or for a shorter period of time, or you were in the pre-retirement phase of your investing career, then the answer would be different.

At the very least, you know that the next time this person applies for a rental, they are going to have to explain why they have such a large open collection related to a rental on their credit report.Just make sure that when you submit the collection, you document all the losses very carefully-the collection agency will require it because if the debtor questions the debt, which they frequently do, the agency will need to have proof substantiating the details of the claim.Good luck and I hope you eventually get some of your money back.

The debt or judgment amount should be part of the public record and I believe the sheriff is obligated to publish that - so I expect you would at least see that in the legal journal.

To pay off all my credit card debt or to stick it in my savings account?

Both creditors and debtors have been on time out (i.e. excused from performance) during the "stay-at-home orders."