A host of answers here with a bunch of agents trying to defend having a listing agreement signed... they are all full of crap!

Even if summons is served at the address noone is there to sign it or receive it when a server tries to serve it. how does it work if server cant reach the defendant.

That disclosure may provide a position to defend a call of the note in the future.The risk is lower if the borrower is directly involved and higher if this is from the borrower to you and you to a new buyer.  

@Karen Y Cole, an ejectment order requires the defendant to remove themselves and their possessions. 

Stick that information in your tax records so that if you are ever audited (or asked) why you did what you did, you have information in your file to defend your numbers.

I'm definitely eager for the market to continue its descent as well :] It is clear you are coming from the side of the fence as the wholesaler and defending the position.

There may also be costs associated with setting up the accounting for the shells, and preparing inital shell formation meeting minutes, etc...You will also need separate bank accounts, and a war chest of money to defend them if/when needed.Ask your asset protection attorney vs salesperson for a quote on the cost to defend, and how much it will cost to move title to the shells.Find out if moving the title creates a taxable event for you with the IRS re.

Write a bigger check to cover your loss from title claims against your property including defending your suit.It also helps convince your lender to fund the mortgage. :)

I don't want a seller to be defending the condition of their property with me, but rather sharing about how it is and what they hope to do next.How long have you owned it?

The real problem for me is that when I go to sue, I feel like I actually need his address when I put him down as the defendant, at the very least so that the sheriff could serve him.