If the investor is paying cash and can cure the deficiency and bring the loan out of foreclosure status obviously w/ room to do the deal like any other then would there be any problems from the lien holder?

Keri(holder and rehabber in Ypsilanti, MI)

Do you intend to come on a tourist visa and either buy and hold or flip properties? 

Additionally, I've been told ( and read on many sites) that if a junior lien holder is foreclosing... the senior lien is Not wiped out and the new owner becomes responsible for The entire amount owed on the home.  

If you install something like below and A/C unit has a metal window sash holder, person on outside should not be able to pull unit out or push unit in since window sash can't be pushed up and is snugged into this metal sash mount..I actually use these below on my windows when the A/C unit is installed as it does double duty for security and preventing A/C unit from falling out of window due to tenant accidentally opening window.

What would cause a certificate holder to not start the foreclosure process or are these instances where they have started the process and they've just dragged out for a few years?

During that entire ten year term you can also contact the note holder and offer a buyout at a reduced price (nickle now or dime later kind of thing.)

I look at the person paying me rent as a place holder.

In my opinion, the other option of having a note investor try to buy the note from the current note holder is not realistic.

It was listed on the MLS for about 6 months, then lien-holder said they were starting the process to short sale.