Or if it is blatant partying the police should be called by the complainer and if it is found to be a violation of local law then you notice the offending tenant with a cure or quit notice.If it is a direct violation of the lease you can send a cure or quit notice to the tenant.

I would say no and issue a cure or quit.

It took a while for people to notice this, but now google runs the world.I was providing support for networking and data for scientists trying to cure a disease. 

There is no cure for being one day late.

Subject to any governing provisions of law to the contrary, if Tenant fails to cure any financial obligation (or any other obligation) after written notice of such default is provided by Landlord to Tenant, Landlord may elect to cure such default and the cost of such action will be added to Tenant's financial obligations under this Agreement.

Prepping the surface is key and you need to make sure they are fully cured. 

Can you approach the owner before the auction and work something out. ie cure the default, get a new loan, take over existing etc, do a seller carry back aitd etc.Do some research, find out if there is any 2nd loans, run a title report to see if there are other liens etc.Courthouse you need cash on the spot[ or at least 35%],  some of the online auctions you can bid even though it says cash you can get a hard money loan.Footnote if there is equity in the house the big auction guys bid it up to market value but if you are doing owner occupied you can out bid them but they will most likely bid up the equity' so make sure you run comps to see what its really worth minus any repairs.I have a creative lender that will work in both scenarios most likely.

I would warn the tenant ahead of time, the sealer stinks- if she is getting migraines from marijuana smoke next door, this will likely be worse til the sealer cures. 

If all you are doing is bringing the loan current, the amount to cure the default is wired to the bank. 

There is no cure so whatever you do will only open the door for more changes.