This simply illustrates why condos are so dangerous :)

And I don't see the danger in giving someone from craigslist the address of one of my properties, especially if they're only doing exterior work.

Not so much currently. my rental properties (fewer than 3) in the recent past had been in better shape than my primary residence.

If it were me, taking a negative cashflow position is a dangerous proposition.

The fewer people that go, the more the good tenants move out.

Some being dangerous,  In our dealings with MACK in the beginning we were told of the long lists of qualified renters well vetted. 

Any guidance is appreciated, even if it is just, "Danger Will Robinson, Danger!"

"However, if I wouldn't buy the property for the loan amount, I couldn't care less if the guy has the best credit, etc. it's a dangerous loan and I won't do it."

@Steve Vaughan  the cute part is the OP thinks they will get LEGAL involved and garnish wages.. good luck on that LOL.. they have lost their money move on.. find better tenants.. landlording is a selected venture.. its fraught with danger.. or it can be very rewareding.. buy properties were you rent to folks who wont do this.

I have narrowed down that I am interested in multifamily properties and would like to focus on fewer large deals than many small deals.