Thankfully it's been a while since I was in housing court, and I've only been twice, but I recall it was less than 6 weeks total.Of course, 'winning' is only half the battle, since the tenant now has an eviction on their record and won't get an apartment from any responsible landlord.

The HELOC I got is technically a credit card product with the bank.

As long as you weren't planning to use it yourself to ski Crested Butte...I'd sell.  90 days isn't tenable and 30+ day rentals will demand a far lower rate.Take that money as a huge win and find a new property!

As there was no contingency for this eventuality, the buyer wins by default.This situation is a good lesson for sellers who are selling to a rehabber.

You will win the lotto before you find a deal on MLS.

Am I better off waiting for the lender to win the auction and tracking down the heirs to buy their redemption rights?

Am I better off waiting for the lender to win the auction and tracking down the heirs to buy their redemption rights?

Am I better off waiting for the lender to win the auction and tracking down the heirs to buy their redemption rights?

In the end it seems like you will win in most cases if you account for appreciation, less headaches, easier to increase rents every years and less vacancy.

It's a win for them and an expensive lesson for you.