Yup, normally the second gets thrown under the bus and gets forced to accept a fraction of what they are owed. 

It might give them a good comparison point to a fractional passive product (the ultimate in getting out) that qualifies for 1031 which would also boost that ROI substantially."

They would by a small property for cash (or a fractional ownership in a debt free 1031 compliant product). 

Another alternative similar to DST is fractional property interest, however the returns will also be similar to DST's. 

Home values in sw florida are a fraction they are here so it's good food for thought.  

Another town up north I invest in is a fraction of the size and it has seen a lot more inventory coming available bit by bit through the years.

insurance will be a tiny fraction of your costs for flips.

There is far less competition for their branded keywords, and you can get low funnel visitors at a fraction of the cost.   

Usually the payoff from lender will provide an itemization of HOA (if applicable), PITI, Attorney Fees, and all other fees that will drive up that debt.Is the title still in seller's name, if not, it will have to be reinstated in seller's name.This is but a fraction of what you will have to deal with when dealing with preforclosures.On the surface, it sounds promising, but there has to be more time, so the clock will have to be stopped by a TRO or Bankruptcy or even a possible contract from buyer.Could you pay what is in arrears and try and modify the loan?

And positioned to not get hurt.If anyone an make sense out of opportunity zones @Natalie Kolodij will do  it.One other option that could make sense is to take $150K cash and put it into a debt free fractional product with a long term corporate lease.