I think if I wasn’t a lawyer I may not have had the appetite for it.

I send the notice with either a check for the difference or a bill for what they owe in excess of their deposit.  

Perhaps I missed it and would love to see where in the bill it states that capital gains must be used. https://www.congress.gov/bill/115th-congress/house-bill/828/text#toc-H2CE36B67ACCC4F89BD0B2571450C0176The portion of an OZ fund interest attributable to any capital invested in excess of the qualified gain amount is not eligible for the OZ tax exemption. 

I own one property (using it as a house hack) and am hopefully going to be closing on a duplex within the coming month (using the BRRR strategy to get my capital and hopefully a little excess back).

Whether you owe 50% or 100% on a property makes no difference if you can not afford the payments.Also keep in mind when you have excessive equity in a property and the markets turn it is your own cash that is at risk not the banks money.

To get this, if I can get it, I'd be paying more than those combined debts/liens, so hopefully the only ball they'll play is settling up from the excess foreclosure funds. 

Something that's not mentioned on this forum much though- watch out for midwestern markets that cash flow well w/ respect to price:rent ratio, but have an excess of rental housing supply relative to the tenant pool.

@Marty Summers It's been my experience that all banks have different appetites for risk, properties, and borrowers.

By doing this, you will hopefully have increased the value of the property in excess of your purchase price plus the repairs you put into it. 

I've been listening to BP podcasts and reading real estate books every day since that day.The genesis of my motivation to learn about real estate is to find a smarter way to utilize my excess capital to generate passive income.