Problem here the tenant didn’t declare cats as pets.She ruined the unit in one full year and it took more than $11,000 to replace full floors in two level townhouse plus other water leaks damage.tenant left without telling.Now I am asking property management must visit quarterly to catch damages early on.Ozone machines did not help much.thanks

High Credit card utilization is better than a abundance of missed payments or recent bankruptcies.

Under most Bankruptcy laws, you can't take the person home away, thus finance companies won't work with you. 

As a seller, you HAVE TO and should declare anything that would materially affect the value of a property aka a fire.

What if she dies, claims bankruptcy, misses payments, gets a new partner who you don’t get along with and they intentionally screw you over in some way, etc.

I would not expect someone with extra people and two dogs not declared when she moved in to take nice care of the property.

But back in the day of student housing we had two such ladies (self declared) renting one side of a duplex.

Every other borrower has the right to declare bankruptcy when they find they can't repay a debt but the ones who signed a paper back when they were 19 years old.

In terms of debts, I agree with @JoeHammel - A title company is the best resource to check on all liens which could be contractor, IRS, bankruptcy, local utility bills or property tax, child support, etc. 

Deals: All fees are transparent and declared upfront5.