If the 2nd is compeltely upside down and someone wants to complete a sale then it's in their financial interest to try to recoup any funds that they can.Depending on 1st lien investor or insurer guidelines will determine how much money is allotted to suboridnate lien holders.

Something I learned to late is to convert them to a tax free account and make up the tax and penalty by possibly being able to invest in a place other than the stock market by having a true self-directed IRA.If I was younger and was more aware how things worked I would be much better off when, and if I did, retired early and spent my later years on retirement by having financial freedom. 

Those are the people that I think will either validate or make you re-evaluate your calculations.Try not to make pleasing the seller an issue with financing, If you go trying to support a 10 year mortgage when you don't have the financial cushion set aside or cash flow generated for repairs, CAPX, evictions etc. 

Sometimes the court/bank attorney fails to notify them during the foreclosure.

@Rommel PascualSounds like a kangaroo court .

It is quite true that someone considering a tax strategy with which they are not already familiar should not rely on the opinion of someone who has a financial interest in the transaction. 

So should I place the notice on his door on the 10th and file the papers through the court for eviction?

Philly courts are tenant friendly.

If the house isn’t in financiable condition I would recommend going the hard money route to purchase. 

Also "no lease" because you are in a month-to-month period of an existing lease and "no lease" because you don't have an instrument to take to court to evict someone are two totally different situations.