This is the first time I've had an outstanding balance from a tenant that I need to collect on. 

San Diego has historically had both outstanding appreciation and rent growth.  

all our schools have already added the Tesla Mega pack batteries in prep for all Electric School Buses under the hvip program the inventives are too good to pass up for fleets and school buses. its helped our local grid stay on as we have no more backups.

But after the sale, just like if I was selling my house an agent (either a title company or in case of foreclosure a trustee or judge) take the proceeds and distribute it to any outstanding lien holders.

However, as a percentage of the property value (less outstanding mortgage amount) would be available to use over and over for future deals. 

If there is a clause as part of the mortgage/ security agreement that the subject property must be owner occupied, then the lien holder has the right to accelerate the note with the outstanding balance due.  

@Iman Yu,   Outstanding job you did! 

You will typically need to sign an affidavit at closing that the loan is not being used to buy a property that you or your family members will occupy at any point the loan is outstanding.

It also offers an outstanding tax advantaged vehicle with true compound growth with guarantees that rudimentary savings accounts lack.In addition, investors who want a new line of credit can consider cash value life insurance as a roundabout way of getting it, by using the cash value itself as collateral for the financing.

Between the universities, hospitals, and rapidly growing tech sector, I believe that the Triangle is an outstanding place to invest in MTRs.