@Alicia Colon The surplus belongs to the owner of record at the time of the foreclosure (the previous owner) and any subordinate lien holders also have the ability to claim the surplus - I would not be entitled to any of it.That all being said, I paid the back-taxes, which was always the plan.  

These are the 3 nets on the property giving you the NNN acronym.Master lease is correct it’s juts a lease for the entire building or property that grants the master lease holder the right to sublease as they wish.

It would be impossible to determine whether that would have given me a more successful result since the definition of success varies from person to person.I'm less a fan of college today than I was 40 years ago due to the cost and the number of degree holders that were not able to enter the field they had so diligently pursued for one reason or another.

IE: mortgage company, property owner, any and all recorded interest holders of the property.  

Hi,    I had several international buyers who were travel visa holder.

As far as I see even if the lien holders choose to pursue foreclosure I should still be able to get my share back (not to mention the fact that the borrower has enough equity in the house to perhaps fight it and not let the house go to auction).

However .. for me to really assist I need the address.. what your needing to find the 1st Lien holder.. be rare indeed if that was not a lender.

The recorded notes would make it appear as if the property is over leveraged in public forums but you would be the actual note holder.

However, buy-in by most owners (and mortgage holders) would make tearing down and rebuilding a challenging and probably unlikely proposition.

First thing I would do is ask your parents to make you a card holder on one or more of their credit card accounts.