Bandit signs are still an effective way to generate leads but it is important to be in it for the long haul and not rely 100% on that method alone. 

Run some amortization tables for your self with a fixed rate for differing length of times.You will be shocked that the changes in the mortgage payments and the effects on your ROI.Ask your partner what's the advantage to creating excessive equity when that money could have been put to work elsewhere?

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For Craigslist posts, there is a "flag" option that is effective in getting posts removed.

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if she meets your selection criteria I would allow him to add her.

For multifamily this is just not really enough time to properly evaluate selections and go into a 1031.

and by doing so will it effect my credit making it more difficult to get a loan for the investment property?

Electric, plumbing, drywall, etc..I think this is where I'm struggling to see the ability for this to be done correctly, properly, and effectively.

Then an Automatic Stay goes into effect that stops the foreclosure without a court OK.Depending on which Chapter of Bakruptcy is filed, the mortgage holder has a few options some as set out above.A sale of the property would have to be reviewed by the court as to price and if it is in the best interest of the "estate" (debtor's bankruptcy)What did you mean by "It sounds like the possibility of getting the property goes down the tubes when either of these bankruptcies are filed. "?