Most people will ignore a listing without pictures or addresses.Please keep in mind that future investment properties will require 20% down if you are using conventional mortgages.

Seems to me that anyone with a brain and good intentions would see that collection and ignore it.

I am new in the country as well, so you can excuse my ignorance/incompetency in many things.

I ignored them and moved on with my life.  

Pump the brakes, do some reading, come up with a plan, and then seek coaching.There are a number of "gray hairs" (meaning experienced) people telling you what to do in this thread and it seems like you are ignoring the advice.  

I'm only mentioning incase you ignore my tip to go ready the BP threads on lonnie deals in the MH forum.

A tenant failed to pay a rent in Jan, and since then all our collection efforts were failed (he made all the executed, promises were broken and phone called were ignored etc.).  

You labor will not cost you any cash, so you can ignore labor.  

On the hand, 550 score with clean credit history tell lenders that though the number is not good but borrower is strong, just because he/she( especially investor) is not flying to bankruptcy court to trash his/her debts or ignoring his or her liability(monthly payments).You seem to have great credit history with no default or lateness.   

@Chris Martin you'll have to excuse my ignorance, I was too busy googling "hypothecation" to understand that you were getting at the same thing lol.