When I've sued/evicted tenants it typically goes like this:-Go to the local magistrate and file the paperwork (and pay the filing fee)-They'll mail you the court date in the mail and a constable will serve the ex-tenant-You show up with your proof; there's a chance the defendant won't even show up and you'll receive a verdict-If the defendant doesn't pay the verdict you get a lien against him/her.

@David M.You essentially propose a P&S agreement as well as an assignment contract, I live in TX.

They also have an in house attorney just in case you need to fix paperwork or any other tasks. 

You will need to start with the attorney to make sure you have all the initial paperwork necessary for the transaction.

They do not have the original paperwork for the mobile home and apparently in June of 1975 they started putting serial numbers on these so record keeping could be better.

Essentially in later scenario you’ve pulled out all of original cash injection monies 

This essentially means I could have a HELOC around $50k - $80k.I am thinking about taking a HELOC out to purchase a short-term rental. 

If you take a copy of the liens to the Labor office downtown they will accept cashiers checks and give you paperwork showing it is satisfied while you wait.

The need to know the rules, guidelines, paperwork, processes, etc.

As long as the mtg foreclosing was recorded Prior to the IRS lien being recorded (most likely since the lender wouldn’t made the loan) it is essentially a non issue….the mtg is superior and the lien goes away upon the foreclosure but the irs has 130 days to redeem (pay you back), but they never do.