Most importantly, you'll need the owner to provide a written intent to cure to the county trustee and get them to make a request of the lien holder to stop the proceedings at least 15 days prior to the sale.

The title agency is telling me that I need to get quit claim deeds from the last land contractor holder and the other party that owned half interest. 2 out of the last 3 people on any title work have passed away and the last living on is 75 and lives a few states away. 

If fed change course, it's known it would impact high-valuation tech non-sense.Thing is when these two gone default (Silvergate bank/silicon valley bank) it would create contagion, and stupidity such as the company can't pay their employee because all their money is saved at SVB or crypto holder can't trade USDC is an extremely stupid problem, because it shows the whole fundamental/banking industry can not sustain a crash from the collapse of the major sector.And all these things are predictable.

@James Wise   in HOt markets were sales prices are high say 300 to 1 mil or more its very competitive for listings so there is a lot of negotiation that goes on vis a vi commission.and each market has what is typical  just like closing costs..

If there is any excess funds would it be refunded to the original mortgage holder or to the person/entity doing the subject to?

For very high salary in tech industry, nobody really afraid of layoff (except if they use visa) but not just you could get work again in the next day, but you also got severance for 6-12 months, that sometimes layoff is blessing.

There are times when you simply trust your agent to do everything, so they set up a cheap policy, without the policy holder knowing the specifics... bad move!

Are utilities included in rent and you keep yourself as the account holder?

Thank you@Bruce Lynn gave a very good replyNo need to go over the ground Bruce already covered.Some additional pointsSyndicated deals have an EXTRA element of risk vis a vi direct investment.  

The actual rent, if only using HUD funds, will be FMR - applicable UA.The local H/A may kick in some more money, since they need to allow voucher holders to be competitive when applying to market-rate units.