If it got dragged out for 2+ years because of a BK or a defiant borrower who contested every step of the foreclosure process, would soon find yourself deep in interest debt.  

You will have to sell at a deep discount if you have non-preforming leases.If this is not the case, then you should have no problem selling.

If they decide to break the lease and leave early, you have an obligation to try and find a new tenant so the original tenant can be relieved of their obligation.

Just took me a long time to realize what I was missing out on so I'm digging in deep now. 

I realize that these are very deep questions, and something that I may not get all the answers to on BP (vs face to face), but I'm hoping I can learn over time and as well participate here, and really start to understand the data of commercial real estate. ~ Matt

So when someone threatens to sue or stops paying rent and needs to be evicted...I just take a deep breath and know I'm going to win.

Here heartsick sighs and groanings and shrill criesRe-echoed through the air devoid of stars,So that, but started, I broke down in tears.Babbling tongues, terrible palaver,Words of grief, inflections of deep anger,Strident and muffled speech, and clapping hands, All made a tumult that whipped round and roundForever in that colorless and timeless air,Like clouds of sand caught up in a whirlwind.

Do not pay more than the work completed and you will end up in deep trouble if they vanish and lose money.

My number one fear being that the LAND is not being purchased and I would have to dig deep to find out about whether the park owner could remove all units and develop or sell the land separately (that is the best buy and hold deal in the world!).  

I've seen it over and over again, a couple could have worked out the issues, (Yes in most cases they can) but they won't just step back and take a deep breath and think about what they are doing, They married for a reason and that reason still exists.