I always look at the amount of the judgments and what they are for and how long ago the judgement was made. 

Please be careful with that situation.Best thing to do is pay the bill, then after them after they are evicted, make sure to get a judgement.

You need to use your best judgement based on the couple after you screen both.

This thought me so many thinks including trust my judgement no matter what other people says.

Even if I had found him, my chance of collecting was pretty much zero since he obviously was insolvent and judgement proof.

Now as mention above, the State this foreclosed in is NY, so as a secured lien holder this state DOES allow you to do a deficiency judgement against the borrower for the amount owed on the property.

My inspector has been in construction 20+ yrs before becoming a home inspector, so i'd trust his judgement over someone else. 

Before you do ANYTHING, find a local real estate attorney that has a lot of experience with trustee sales, lending, foreclosures, title, collections, judgements - basically every legal aspect of, well, everything related to RE.  

Non-payment or delinquency or judgement are more likely to be reported.

Not susceptible in anyway to litigation or judgements, and takes an LLC and places it on steroids.