Your best bet is to consult with a good broker that has experience with business insurance and RE.

But it's gotten progressively worse, now the only time he's passed on any rent to us is when we've threatened to report him to the Board of Realtors.

Quote from @Tyson Holt: @Melissa Thompson, would love to hear any updates as your deal progresses.  

I'm a bit late but want to reach out to the community to see what might be my best bets to get my money back (file judgement, etc.).

Ensure they send pictures and reports so you can monitor progress.4.Hire Trusted Contractors: Work only with contractors who come highly recommended by people you trust.

I’ve found that working with someone who’s local and understands the market dynamics can really help avoid costly mistakes.Keep us posted on your progress—I’m sure others here would love to learn from your journey too.

that will dictate the highest and best use for sure.Whatever you do with it I'd document it because people like seeing the progress when they are sitting in the final project all nice and complete.

Some even bet against the market and made a fortune.

@Bijan SabbaghiYou don’t that’s the challenge - we pull data from several places as a note holder and for example and currently we see less than 20% actually going to foreclosure as most are ending in bankruptcy right now due to borrowers equityThe ones that are under water are typically going back to the bank.Best bet is to find properties where deceased or maybe divorced to get higher chance of actually going to foreclosure

Thanks for reading and I look forward to posting weekly progress on here.