In a mortgage foreclosure, liens that are more senior survive, and junior liens are divested (at least for those where proper service of the notice of sheriff  sale was properly delivered to the lien holders).

I started back when they were in Beta mode and free so I've seen them grow quite a bit.

May I kindly request your help should you have a model I can use?

For us, still in a growth mode, we take action and figure out how to redeploy that equity into other real estate through either cash-out refinancing or selling and 1031! 

Our business model is built around working with investors to find them great returns and I would enjoy a conversation around what you are trying to do.

You know just as well as I do that the entry level SFH turn key model is nothing but a money grab for the turn key providers and PM's who ultimately manage the properties for them.

That brings us to 2- the ability to negotiate to CREATE a good/great deal3- financial staying power (being able to survive when things go south)4 - property management 5- creativity 

If it is couch mode, there might be a few thing you can do to make it a bit more comfortable.

Best case, you learn a lot, survive financially and trade up.

Buy quality properties in strong submarkets, finance with low leverage, bulk up on cash reserves, diversify geographically, and you'll be positioned to survive whatever the economy throws at you.