The exact details would depend on your state's laws and court precedents.

@Adam Putman @Troy GandeeBelow are the waiting periods for major credit events:Fannie Mae and Freddie Mac:Chapter 7 or 11 Bankruptcy:4 years OR 2 years IF extenuating circumstances.Chapter 13 Bankruptcy: 2 years from discharge date OR 4 years from dismissal date.Multiple BK filings: 5 years IF more then one filing within the last 7 years.Deed in Lieu, Pre-foreclosure sale,charge off of a mortgage: 4 years OR 2 years IF extenuating circumstances.Foreclosure: 7 years OR 3 years IF extenuating circumstances, Max LTV is 90%, purchase or rate/term of primary residence ONLYFHA:Chapter 7 or 11 Bankruptcy: 2 years from discharge date.Chapter 13 Bankruptcy:2 years from discharge date OR 12 months with satisfactory payment history from Court.

Usually a simple search on your county court site should net you what you need.

Maybe I could flip one house, sell it and then use the proceeds to buy ourselves another rehab property we can fix and then move into and then rent or sell our townhouse. 

Open lawn and wooded acreage, chapel, in-ground pool, basketball court, 3 smaller residences, and 2 large residence/dormitory buildings with kitchen, dining, meeting, and recreation facilities!

But, you said a couple months so it would make sense to proceed immediately. 

I also ensure the get pre-approved with a lender before proceeding too.

I already filed the memorandum with the court house the first time he flaked, and now my lawyer sent a letter threatening to sue for specific performance.

Be aware that if you have any chance of getting him in court, you should serve him papers while he is living at your property.

The tenant didn't think they were responsible for the $4000+ bill, so we took them to court.