We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.

I know what seller financing would involve in regards to me (the buyer) having to pay a interest rate set by the seller and the monthly payments also set by seller.But what are the benefits of seller financing a property?

I recommend reviewing your local laws to understand the requirements involved.

Was the prosecutor even involved?   

I hope it works out for all involved.  

Yes, you can deduct related expenses including gas, loan interest, insurance, etc. using the actual vehicle expenses method to deduct auto expenses for your rental or other businesses. 

I am also curious about when/how an attorney/legal involvement comes into play with this.

I don’t want much if any involvement because I’ll be doing other things.  

I've had a keen interest in investing for as long as I’ve been involved in real estate.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.