Factor in whatever lien is holding up the foreclosure and it's not a great situation for the heirs.

You might research the property lightly and find if it has any delinquent taxes, outstanding liens, or if its part of an estate, etc. 

I am in the business of purchasing rental property, tax liens, and tax deeds. 

They were very understanding that I have the right to enforce payment of the outstanding rent (8 months).

• Do most lenders require a personal guarantee, or is a UCC-1 lien on business assets sufficient?

No Contractor will give you their bad jobs customers to talk to....you will only get 3 of their best customers...everyone has a few even if they are horrible. 2) Make sure you get Lien Releases from every Subcontractor involved in the project, not just from the GC himself.

There are a few stipulations that tend to be a bit tougher to qualify for than a standard HELOC, but if you can get it, it is as advertised.I have a local bank in Omaha that has two of my rentals combined on one First Lien HELOC, but they don't work out of state.

.🔑 How it works:The buyer uses a DSCR loan as the primary financing tool (65–75% LTV).The seller carries back the down payment as a 2nd-position lien, preserving their equity and deferring taxes.A transactional lender covers the temporary funding gap to ensure a seamless double close or to facilitate acquisition.✅ Benefits:No need to bring in cash for the down paymentSeller gets long-term returns and capital gains tax advantagesBuyer acquires a cash-flowing asset with minimal out-of-pocket investmentWorks for SFR, multifamily, land, and even self-storageThis method is especially effective when there's strong equity and a motivated seller willing to be flexible.

Should I involve an attorney ahead of time to check for liens, back taxes, or other encumbrances that might transfer with the property?

@Ryan Fox   gave a great suggestion to contact the police regarding an outstanding warrant.Clean up this awkward situation by completing a court proceeding for eviction.