With rights to extinguish the buyer's ownership and take the asset for himself.And if there is some flexibility on some issues with the lender that might make up for the inflexibility of the seller on some issues including price. 

If not you want to get them.Did you give notice at closing of who has the deposit and new ownership?

Find yourself a great property manager and remote ownership works smoothly. 

Disclaimer: I don't have any ownership of any kind with this agency.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

During that time anyone with an ownership interest can demand that the property sold in auction to the highest bidder? 

I wouldn't necessarily go into ownership immediately and wholesaling would be a path to build up capital.

Additionally, this option allows you to retain full ownership and control over the property, enabling you to benefit entirely from any appreciation or profit from a future sale. 

Hey BiggerPockets community,
Steve Welty here, excited to share some insights on a new piece of legislation that could have a big impact on landlords and tenants alike in California: Assembly Bill 2216 (AB 2216). If ...

If no one fesses up to the ownership than toss the stuff.