The main risk being any judgement, tax lien or IRS lien the previous owner may have will attach to the propertyAdditionally, pre executed deeds are also not recognized any longer by most title companies. 

Many great tenants would not even consider signing a 2-year lease, so you may be missing out of some of the market.From our rental criteria:FINANCIAL/CREDIT HISTORY1.No outstanding debt to previous rental property owners.2.No outstanding debt to utility companies.3.No outstanding debt in excess of $1000 that is not in a payment plan.4.No excessive monthly financial obligations - more than 20% of income.5.Lack of credit history or marginal credit history may result in additional security deposit. 6.Derogatory credit (past due accounts, collections, charge off accounts, tax liens, judgements in excess of $1000 and/or bankruptcy) may result in additional security deposit or denial.

You can not program a computer to decipher human judgements such as appeal, quality and physical condition.

They had a large, judgement against them.

Is he making amends and accepting responsibility for his error in judgement?

So, if they have stopped paying rent, sounds like you'll be doing an eviction with a judgement for back rent. 

I got two judgements against her, totaling @ 9,500.00.Good luck trying to collect .

I have been monitoring foreclosure auctions in Pinellas County, FL and I need some help in understanding a few things:1- In some cases, I see the Final Judgement Amount is pretty low compared to the assessed value of the house.

In most states residential loans are fully recourse and allow for deficiency judgements against the borrower if the foreclosure proceeds come up short.

I’m curious if anyone who has just an umbrella policy has been successfully sued where the umbrella policy wouldn’t cover the judgement.