To me it wouldn’t be worth the trouble to go after the other person or worth the potential liability of it happening again and possibly hurting someone.

It was not easy, since without having my property under contract I had trouble getting a property owner to sign a sales agreement with me.

We are having trouble getting the assistance of the entire association for this so we are having the attorneys draft a notice to all the homeowners requiring their participation."

Even if a company runs into financial trouble, there is generally underlying assets.

As you know, cash flow comes down to how much you have to put in the deal, what it produces, and how your debt payment is structured. 

After moving in, this tenant was nothing but trouble - stopped paying the rent, resulting in eviction and wrecking the place.

If it's not too much trouble I'd love to see what you have for Raleigh, NC.

To clarify, I'm not having trouble getting loans for my LLC, I just see posts and hear on the podcasts about people getting "up to 10" conventional mortgages for properties they buy as investments and don't live in.

If it were the off season and I was having trouble renting I may consider it again but overall I don't think it is worth the extra vacancy but if you are doing MTR it is definitely worth making the right connections. 

A non-performing note is unlikely to produce cash flow but profit can be harvested from enough protective equity.