Were the mortgages conventional; specifically Freddie Mac or Fannie Mae?

NOTICE OF CONDOMINIUM ASSOCIATION LIEN FORECLOSURE SALE WHEREAS, default has been made in the terms and conditions of the Declaration for Prairie Bend Condominiums (henceforth the Declaration) dated May 31, 1995 and recorded in the Office of the County Recorder in and for Scott County, Minnesota on May 31, 1995 as Document No. 353122 as amended by Doc.

Look in your paperwork for a notice regarding the availability of owners title insurance and a signed form whereby you declined coverage.Alternatively you could ask for a policy to be issued now... and pay the premium.

If you can't get fannie or freddie financing on it, ask around to other investors in your area be it through meet ups or BP for portfolio lenders that can lend off the asset and not your personal financial situation.

The main caution here would be, you can't get to your rental in short notice, or cheaply, so you'll have to rely on / trust others to manage your asset, this can be hard for many people to do.The Jersey Shore isn't a bad one, lots of demand, its not a year-round market, but you can make your entire nut renting it out in the peak summer months, then use it for much of the spring/fall, and reserve a couple weeks during the summer as well.

Instead:Send written notice via certified USPS of breach of lease.

I was able to get access to all foreclosures/notices of foreclosures, and the probate FILES.

Research your local laws regarding security deposits, late fees, notice for entry, and evictions.

Notice to Buyer to Perform to release all contingencies, return all of the docs, including 2 addendums. 

Maybe you can get more than 30d notice when this tenant moves if you do indeed choose them.Good luck on your first rental!