Turn the case over to a collection agency for a fee which will get a ding on their credit at least or file a writ of execution and then the sheriff gets involved   Google debt collection.  

Who wants to be in debt 30 yrs. 

House hacking has allowed us to largely eliminate our biggest expense, build equity, get CA appreciation, and turn our primary residence into an asset vs a liability.

I am officially out of all debt and beginning to save to start buying multi family real estate for rentals and I am trying to decide where to begin.

Consider waiting a little longer and improve that credit score, smash some debt, and aim for the conventional loan.

My wife makes enough to cover all our bills, and we currently have zero debt, good credit, and about $10,000 in savings.

To create a fund you will need up-front legal work, which won't be cheap.If the property income supports, it is fairly easy to get bridge loan debt.  

I think the nations debt crisis is the biggest threat to the Austin housing market but the politicians are kicking that can down the road until they can't.  

L.T.V. can be reduced if the debt service coverage ratio is too low.You are likely to have to leave some money behind in the deal if you are BRRRing. 

Great way to leverage cheap debt and utilize low down payment.