So going after tenants that can't pay is a fruitless exercise.

It is the owner exercising their right to terminate the rental agreement.

Industry observers say consumers see bikes as an alternate means of exercise while gyms are closed, an antidote to “cabin fever” and a form of transportation that avoids mass transit crowds.

You are not obligated to purchase the lien for all 3 years on that case, you can purchase only one year and whoever buys the consecutive years will have to buy your lien out before they can exercise their right to foreclose assuming the lien is never payed by the owner. 

Some of the properties I sell as Turnkeys to out of state (California) investors who sometimes use CA LLCs while other properties enter my personal inventory until there is sufficient equity to do a refinance and pull the equity out.Occasionally a Tenant Buyer exercises their Option and I use the proceeds to purchase another couple of properties or travel depending on my mood.

Anyway, use this opportunity as an exercise to prepare yourself for the real deal.  

Outside of real estate, spend more time with family and friends, sleep good, eat good, continue to exercise and travel  (hopefully COVID will be a thing of the past).

If you cannot buy right, fix right, and sell right, this exercise in flipping will be very painful. 

And there is a lot that can go wrong here (opex and capex not accurately accounted for, property value or rents go down, tenant issues, seller files for bankruptcy, issues with loan servicer (I've experienced this one), insurance issues, mortgage company exercises their right to call the loan due on sale, title issues, judgements etc. there is a lot that can wrong with subto).

His first 20 minute exercise is to get the whole class to write down all the homes and properties you plan on owning and then coming up with a net worth, and then he drives this home, the net worth during the days of the class.