With this massive amount of debt, high rates are mathematically unsustainable so I see little incentive for central banks to take nations into default by increasing rates drastically.  

@Dan Dressler in CO the default lease break requirement is that they are responsible for utilities and rent for the duration of the lease, but you are responsible for trying to mitigate your losses (i.e. find a new tenant).In that situation I would not be actively searching for a new tenant for the exact reason that just happened to you.

Rather than pledging an assignment of rents and leases of any property I own (which you have said is a violation), my step-daughter would pledge her assets, in other words, she would execute an assignment of rents and leases to the seller of the condo in case of default, and it would be for a property she owns that I do not.

At least I'll be using real estate related skillset I can use somedatime.In my spare time I have reached out several real estate schools, researched base incomes for real estate related fields, spoken to professors, real estate schools, etc.Basically the default answer is get a real estate sales person license (3 classes) then network, apply and specialize.

This is in paragraph 11 of the listing agreement, EARNEST MONEY: "Any earnest money forfeited by reason of the buyer's default under a sales contract shall be divided equally between the Firm and Seller."

Also will all my duties and liability for the contract be assigned to the assignee with no recourse to me if the assignee defaults on the purchase?

Not only is the guy in jail for violence, but he must know his home is in default and getting foreclosed upon...

The bank had every right to enter and secure a vacant property in default, including changing of the locks.

Any information prior to the filing of the first legal on a defaulted mortgage is NOT a matter of public record.

That said, I believe the easiest solution for us would be to form a general partnership (by default), file a 1065 return each year, and simply buy an umbrella insurance policy to guard against liability.