Conversely, you are not allowed to provide benefit to the IRA such as the provision of free services - which would essentially be non-documented contributions to the IRA.If an IRA directly holds several properties, a judgement against one property could look to other IRA held properties for satisfaction - though with quality landlords insurance this is unlikely. 

The basic premise of "Cash for Keys" is that the tenant is a slimeball who is so horrible that you know you won't get a penny out of them even if you were to get a judgement for back rent. 

Why would an attorney try to get a judgement against you?

So when people lump all of Aurora into one category and make a sweeping judgement like people there are crazy or it has bad crime, they are really over-generalizing.

As long as they have 3.5x rent in income, a decent employment history, no evictions and no landlord judgements I don't care about credit score. 

If the seller has any judgements against him like unpaid medical bills, they those bills attach to the property.I could see the sub2 working because of the equityThe point is there IS NO Equity.

There may be evidence that his judgement is not that sound - he lost his own money, and sent a referral to someone who also lost their money - but that's not criminal.

A warranted deed is worthless if the person issuing it is 'judgement proof' has nothing to sue lawyer tells me but a better than a QCD I guess.

I would confront him immediately and give him the option to vacate in 7 days (have him sign a typed agreement on the spot) or court with a judgement, his choice.

Personally, I think it's dumb to burn all your cash on doodads, and I think it's sad that people don't even have enough money to come up with $400, but I'm not in the judgement business - I'm in the rental home business.