Title companies do not recognize quit claims in Texas except for internal transfers such as a divorce situationDeeding the property back to the owner has it risks. 

I have a strong desire to earn money in an entrepreneurial fashion and utilize my skills in new ways.

Not sure how things are out there but I️ would only assume that if you restored it right in a historical fashion and marketed the property to a wealthy buyer who appreciates historic homes then possibly could have a massive deal.

It's a glass and concrete Jungle that the .1% can afford but hardly anyone else.What Brooklyn had was proximitry to Manhattan and a hip and trendy vibe along with some very famous people, including Spike Lee, Biggie, etc. here is a List: https://en.wikipedia.org/wiki/List_of_people_from_BrooklynThere is a huge spill over to Brooklyn from Manhattan and that created a huge demand and spurred development which then made Brooklyn into a destination that has become Internationally known.The writing was on the wall for anyone that was paying attention and can say to themselves....

It might be worthwhile looking into getting a home phone too if it doesn't cost much more or if it's included in the bundle especially if you think you will have a lot of international tourists (even from Canada).

Additionally the HVAC in the attic has a Freon leak and the internals of the unit were replaced under warranty thankfully.

Despite this, many settlement agents insisted that they do it the old-fashioned way because they were nervous or didn't even know that this new rule existed.  

We could also do it the old fashion and save for a down payment.  

What are typical internal demolition costs for a 3000 sq ft 2 story building? 

The answer I got was they have internal protocols they follow, and when it's time for them to sell at auction, they sell it at auction, not before.