According to their experiences with legal cases, they want to be able to defend the property owner in court, and one way they mentioned is by not providing alcohol.

YUP I have bought a number of houses at court house steps were the owner said it will never go to sale as I have a buyer.. well buyer is wholesaler who has no money and they cant flip the contract and the poor owner loses their house no time to even file a BK and regroup.. wholesaling is a very sleazy business the way MOST folks do it.. thats why its starting to get attention from the states..

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.

I don’t know how the IrS would feel about you writing someone a large check with no one declaring any taxes being due. 

If you tell the truth in court and say that long ago you were told he had left I think that may suffice.

You are finishing college and you want to immediately declare those four years a waste and not use them except to "take a facilities job for the time being"?

There are a lot of criticisms about college in the US right now, but some people declare college as a neccessity. - When do I apply for a loan in the process of me getting a deal?

one of my favorite quick flips.bought court house steps for 125k.. 

Hypotetically, What if the tenant complain after lease is over, If we need to go to court (don't think there will be case), will it be better for me as lease is over?

Andersonadvisors.com you can ask for me as well, I am one of the senior strategist and an attorney that is also licensed in tax court.