Junior, what is the average rent in the area you are looking to buy?

When I was a Junior in College, I attended my first ever real estate seminar with the guys at Fortune Builders.

With the help of a entrepreneurial father I took a year off between my sophomore and junior years to 'start a business' locally.

Regardless, yes, if you can get such a lien it could be a cheap way to get to a property, I'm still not sold on the leasing arrangements.Having priority means you get first shot at the dollars from any sale, you would still be placing the junior lien holders at a disadvantage if they had to honor an existing lease agreement.And you know that in any foreclosure notice is given to all other creditors, so usually a subordinate (junior) lien steps up and pays off such small liens to protect its collateral security.I'm not familiar with the NV Bill, but are you saying it blocks (or stalls) foreclosures (probably making the process a judicial foreclosure) and it would only apply to mortgage loans and not all foreclosures?

It's like Los Angeles junior out here. 

See about getting your foot in the door with someone in the biz who'll take a small amount of money as a debt product -- a promissory note or other arrangement -- and work your way up in trust or other add-value work to have a space in a deal with them on the equity side eventually.I've done this successfully with junior and new people I care about supporting and helping get going.

You are correct in your assumptions, but in this case I would proceed with caution by approaching the trustee since, as you stated, you would be responsible for the junior liens and judgment liens on the property.

Junior Salters at this pace would you sell anything or keep renting?

The ADU/DADU units still have to be 'junior' to the main house (smaller in terms of sf,   I think the size cap is ~1000sf) and there are rules around detached units as to their size and positioning on the lot.   

Our dining facilities on base (which offer free meals to juniors/dirt cheap meals to seniors) are habitually becoming more and more empty with individuals choosing to spend money daily at burger king, subway etc.