If you buy the foreclosure of a junior lien (ex HOA fees or 2nd mortgage), then a senior lien (ex 1st mortgage/note) will survive the foreclosure, and still be attached to the property.Yes, I'm sure the lender would love for you to pay it off. 

You can absolutely look into purchasing another property, but I would also work with your CPA to explore other tax strategies around retirement for you and your team (ex.

I purchased a house with my ex-fiancé in 2022 from her family.

If I had listened to the cash flow crowd, I would have sold my Bay Area SFH (with lots of equity and low property taxes) and bought multiple OOS properties  - the thought of all those cap ex down the line, PM fees and tenants...I'll pass.

Yes, you have to factor in maintenance, cap ex, vacancy, etc. but the numbers can still work in your favor.

I persisted and much to my surprise one day the door opened a crack and thus began a multi month journey through this man’s personal hell that eventually led to a $30,000 profit.He owned a local Jamaican bakery that was failing; his marriage was ending and his soon-to-be-ex moved out with their 5 year old daughter; and now he had lost his house.

Just file the eviction against the tenant, ex-wife, kids, and unknowns at that address and be done with it. 

On episode 442, Bryce Stewart discussed how anyone hiring a non insured worker (ex: shoveling a driveway, handyman work, etc) should have them sign a workers comp waiver form in the unfortunate event that they get injured working on your property.

Ex: If a tenant calls up to complain that their drain is broken or running slow, or that a light fixture needs replacement, or to spray the Apt with insecticide, or to fix a broken door-lock or window frame, or anything of the like such as the fast repairing, touching up, painting & cleaning needed during a turnover between Tenancies...

If the project only cashflows with interest only payments, that isn't a deal to me. there are going to be other costs involved such a cap ex and maintenance, so you will need to bake in a certain amount of expenses beyond jsut the mortgage payment too.