So you can't "foreclose".However, I'm 100% certain that what you meant to ask is effectively, "Do I have recourse and can I get my house back if the buyer defaults." 

I would also consider in finding a polite way to inform her that if for any reason, the tenant defaults on payments, that she will also be held responsible for any un-paid rents.

hello-q: i hope that you have quite the plethora in information about the decide to..build a square space (office like in function) right next to house-to have "reason space" to work from home ('i am forced to work from home bcs of having parent who survives a stroke-cared for on/in house property, bcs putting her instead in assisted living-wouldn't be more affordable/feasable, and many states (california being one) are willing to help loved one(s) to age/stay in place as reason to build these extra spaces in/on property..putting her in the situation as more benefitting i am researching the state orgs to find out what to do=being as stellar the careful/accurate as i can with gathering as to what to do..including the obtain of funding per any grants.and trusting that having your consultation has us getting away from issue/noise over just purchasing/happenstance model in default assisted: residential (multi bed home stead-with all the red tape & fees/tax justify better?

It defaults to charging the holdover tenant 10% extra rent plus any additional costs including attorneys fees that their change in move-out date costs you. 

., if I default on one asset (god forbid) the lender can not come after any other assets2 - I do NOT sign personal guarantees - I’ve got two banks that lend to me without a personal guarantee, but only up to 50% LTV.  

If holding for longer periods it defaults to 20%.2.

They cover most everything you have NOT thought of.The ony issue we ahve with them is the default 5% Vacancy Factor, only works for Class A rentals.We believe for Class b it should be 10% and Class C 20%.Why?

@Nilusha Jayasinghe score system does NOT matter.What matters is understanding the risk of default any score represents.See link below for more info:https://newsroom.transunion.com/transunion-analysis-collecti...A landlord should ALWAYS get the SSN from tenants to protect themselves and hold tenants accountable.

Any data on the default rate for the notes you invest in?

If this property is a lakefront cabin in Minnesota, my default advice would be to go the STR route.