My suggestion is to simply file the BOI requirement.

They hold title, and the mortgage and promissory note were attorney drafted and filed at our local county. 

You could try filing a case/judgement against them but I’m guessing they ar leaving the area to screw over the next MTR landlord.

Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.

How many 70+ year old landlords are going to be smacked with a multi million dollar fine for not filing for the last 2 years??

In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.

However, once you file your taxes, the IRS will figure it out and you're screwed!

Hey Matt, As a solo-shop, I use the following to stay on top of my client's minds and files: 1.

Is this for props that have a foreclosure filing against them so you can get to the actual owners for a pre foreclosure purchase ? 

Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.