I currently have this one in my possession ready to be devoured.

i think you need to keep your debt to income ratio low as possible.

But If the heirs are happy campers the court will give the PR full authority to execute their job to sell assets and pay debts.

The borrower/owner could have a ton of other debt issues that can't be settled so foreclosure might be the only way to extinguish them.  

It doesn't look like either of you have much debt.

If you have credit card debt, paying it off will increase your score within a month or two.  

3) If it were foreclosed on and taken back by the lender, the junior liens would become unsecured debt.

Any demand of rent, or rent and possession, by a landlord or the landlord's agent shall be deemed good within the meaning of this or any other statute of this state, when made at any time after the right to rent and possession accrues or the rent becomes due according to the terms of the agreement, whether by written lease or otherwise."

Just don't want to land in prison or debt because I didn't understand the rules. 

Left with debt and nothing to show for it.