Getting rid of dead-weight is not an easy process and not taken lightly in foreclosing on an owner but it's the only way to stop the bleeding.So I would expect the new owner wants to make money on their unit and it will also be a relief to the HOA to having a paying owner again.

XXII.DEFAULT BY BUYER: In the event Buyer should fail to consummate the transaction contemplated herein for any reason, except default by Seller or the failure of Seller to satisfy any of the conditions to Buyer's obligations, as set forth herein, Seller shall be entitled to retain the earnest money deposit, such sum being agreed upon as liquidated damages for the failure of Buyer to perform the duties and obligations imposed upon it by the terms and provisions of this Agreement and because of the difficulty, inconvenience and uncertainty of ascertaining actual damages, and no other damages, rights or remedies shall in any case be collectible, enforceable or available to Seller other than as provided in this Section, and Seller agrees to accept and take said deposit as Seller's total damages and relief hereunder in such event.

Home Buyer Class for California http://ehomeamerica.org/calhfaIf you are an investor, that is different, as the new laws (Dodd Frank, et al) do not apply for NOO, and I would find a seller that wants debt relief on a rental or an expired listing (where a home owner tried to sell with an agent and failed), and you contribute by buying on terms, either sub2, lease option and assign, or on a wrap.  

DEFAULT BY BUYER: In the event Buyer should fail to consummate the transaction contemplated herein for any reason, except default by Seller or the failure of Seller to satisfy any of the conditions to Buyer's obligations, as set forth herein, Seller shall be entitled to retain the earnest money deposit, such sum being agreed upon as liquidated damages for the failure of Buyer to perform the duties and obligations imposed upon it by the terms and provisions of this Agreement and because of the difficulty, inconvenience and uncertainty of ascertaining actual damages, and no other damages, rights or remedies shall in any case be collectible, enforceable or available to Seller other than as provided in this Section, and Seller agrees to accept and take said deposit as Seller's total damages and relief hereunder in such event.

They make great tenants and are good for a comical relief when you need it.

However they are sometimes dangerous as the Floating Interest can crush you if the rates move up or give you relief if rates go down.

In addition to construction and repair, the funding also helps pay for transportation research at universities, funding for Puerto Rico’s highways, and “congestion relief” in American cities."

But the seller only receives the illusion of value, in this case relief from the debt.   

Once I explain our process, the relief that washes over them is magical.Here's how we handle it:We charge an admin fee for breaking the lease.The tenant remains responsible for rent and utilities until a new tenant moves in.We take on the burden of marketing, showing the property, and screening new tenants.

XXII.DEFAULT BY BUYER: In the event Buyer should fail to consummate the transaction contemplated herein for any reason, except default by Seller or the failure of Seller to satisfy any of the conditions to Buyer's obligations, as set forth herein, Seller shall be entitled to retain the earnest money deposit, such sum being agreed upon as liquidated damages for the failure of Buyer to perform the duties and obligations imposed upon it by the terms and provisions of this Agreement and because of the difficulty, inconvenience and uncertainty of ascertaining actual damages, and no other damages, rights or remedies shall in any case be collectible, enforceable or available to Seller other than as provided in this Section, and Seller agrees to accept and take said deposit as Seller's total damages and relief hereunder in such event.