I still remember thinking that I will never invest in something that can disappear into thin air like that. 

For me.....no.I have to have at least decent chance of some appreciation... not just cash flow.Those years of "cash flow" disappear REAL quick when you go to sell it and have to put decent $$ into it to get it sell ready condition... pay RE agents and fees, recapture depreciation etc etc etc.

Knowing this, I highly doubt that he will follow through on any of his threats, and even if he did it would not be the end of the world. 

I know how fast money can disappear.""

Contractors are a challenge at best, with lots of local investors having dealt with shoddy work IF it even gets done at all; a decent number of contractors have been known to get started on a project and then disappear so that they can get started on the next project. 

The next day it disappeared from MLS, and the reappeared a few hours later under the original listing agents father's name who is also a realtor.

I believe utilizing this would also most likely eliminate any threat of legal action, almost certainly eliminate criminal action.

Many have gone like the wind, new ones pop up and will also disappear with the next breeze.Selling crap properties, in crap areas for more than they are worth and then passing on to 3rd party PM that nickel and dimes to death.It's a shame but it's been the same cycle since I started in 2012 and even longer that I remember.I feel sorry for such investors that commit so these providers but I feel even sorrier for those that try DIY BRRR from out of state.Asset classes are variable and "Potato" "Potato" lolFor example, I can almost but guarantee that my B class in Toledo for $90,000 for example is D class in Cinci.Lived in Middletown and owned a few rentals in Cinci so know the market decently.It also comes down to how someone was born and bread.I had investors come from Cali and laugh at me and my "B class" properties.They said it's Z class.Even tho my entire team lives in the area and so did I for 10+ years.No silver spoon in my mouth growing up and I wouldn't sacrifice my families safety in a so called "Z class" area.But we are all different, right?

After I got the violation of course, he disappeared.

It doesn't take into account the tenant that stops paying rent, doesn't show up for the eviction court hearing but instead destroys the apartment and disappears.