The problem as I saw it, and you may too, Christopher, is I did not have the confidence in my ability to meet my personal obligations (mortgage, utilities, food) and my meager savings would not carry me for too long.

Next week, section 8 inspector is going to come to inspect the house.Reading other people's forum, I did ask for the proof of income (food stamp, SSI and SSA) and copy of ID/driver's license.

Will they at least notify the deed holder?

Question especially for flip and holder. 

Sellers and listing brokers love 1031 buyers as they know they are motivated and under the gun to find a property to buy.If you locate and identify properties to purchase and do not close on them then my understanding is your money is tied up with the QI holder for many months before you get it back.

The trust will be the beneficiary or the deed of trust and holder of the promissory note, made by the borrower/buyer.

If say the county sells the property and there's an excess of funds left after taxed have been paid, would the county pay the 1st, 2nd lien holders?

You don't need/want contents coverage for a basement (it only covers your property you own and would only cover washer, dryers, freezers (and food in them), and window AC units that are plugged in at time of flood.

The typical customers know that they're doing more than just buying food, but also supporting a local food source that helps to save local farms.

I found once that the bank attorneys were actually trying to get the foreclosure vacated (they don't talk to the title/closing people in their own firm) because they had failed to name a 2nd mtg holder.