Than a judgement which WILL impact any future leasing attempts or any loans of any kind, and bankruptcy will not clear it off, EVER.

At least in Real Estate you have the option of foreclosure or even bankruptcy - that makes it a bit less risky than student loan debt.

The LTB will prefer to force landlords to the brink of bankruptcy before granting a eviction.

I've purchased some of my best deals through probate, bankruptcy court, and at auctions.  

I feel that if I hire a title company then I could be wasting money on the search because I've done a few test runs on properties only to find out that the owner has claimed bankruptcy or has settled with the lender when I arrived at the courthouse.

I think it is common knowledge now that in starting a business you can expect the first few years to be very painful - long hours, up worrying every night over all the things that can go wrong, unexpected turns of events, near bankruptcy/failure, etc. 

I don't care as much about credit score vs the details of their history, patterns and bankruptcies, etc.

California declares Bankruptcy and red and black beans and rice could be Bartered.

Requirements (will vary by lender and borrower):Credit score - 700+Bankruptcies - noneForeclosures - noneNet worth >= to the new loanPost closing liquidity >= 12 months of P&IMay want to speak with a commercial mortgage broker.

If the tenant has a score below this, it will result in an increased deposit or cosigner requirement.A bankruptcy discharge will result in application denial.A paid rental collection and/or judgment will result in application denial.Smoking Policy: Our rentals are strictly non-smokingTenant’s guests who smoke should only smoke outdoors, at least 25 feet from any door or window and not on the propertyTenants will be fully responsible for damage caused by them or their guests during their tenancyPublic Records Criteria:An eviction and criminal records search will be conducted as part of the screening process.Applicants will be denied for the following or similar reasons: False, inaccurate, or incomplete applications; credit scores, evictions,judgments related to rental residency, tax liens, unpaid child support; current bankruptcy proceedings; felony convictions, multiple felonies, physical or violent crimes, domestic violence, sex offenses; and/or appearance on any sexual offense or terrorist database.Applicants may be denied or required to pay additional deposit or rent for the following or similar reasons: Insufficient verifiable income, excessive late rent payments, broken leases, property damages, unpaid rent, mortgage not current, foreclosures, credit scores or no credit score, excessive credit collection balances, slow pays, drug related offenses, etc.Cosigner Criteria:If a co-signer is required, the co-signee must have a gross monthly income 3x the monthly rent.