I've recently read about senior co-housing communities in which each community forms a corporation and you must buy a share in the corporation to live in the community.

I am college student in my senior year looking to buy my first property within the next 5 months (which is when my lease is up). 

You can keep track of them that way.PS - Good to see a fellow Aussie on BP (although I'm only a citizen by descent)!

Generally, tax liens are senior to private liens and must be paid if you were to foreclose.

If a junior lien forecloses, senior liens remain in place and are now the responsibility of the new owner after the auction.

He said that the sheriff's office pays the 1st lien holder (senior mortgage) off with the extra 60k in proceeds instead of paying the homeowner or the second note owner any of it.

A week before we were meant to give notice to the landlord, she changed her mind and decided she wanted her boyfriend to move in with her.The landlord told me that since the unit would not be fully vacated, despite him making her and her boyfriend sign an entirely new lease and pay him a large deposit (partially due to him being a British citizen, supposedly), that I would have to recoup my deposit directly from her.

Type, price range, location, funding, and any potential hurdles US citizens may run into and why investing in the Caymans would be better than other areas in the Caribbean?

Hello Randal,I was on another site and read similar stories about BOA, so I started digging.I found contact info for a Senior VP in Loss Mitigation in NC if that helps you.

If the foreclosing entity is ahead of everyone else on title, that's the senior lienholder and the one you want foreclosing (All things being equal) if you are planning on bidding at sale.