I could get a Brentwood CA property and have a cash-cow OR loose shirt off back, all depending on how I acquired it. 

I'm the money on the deal and have approval rights (including ability to remove GC if things don't go well). 

Removing any appreciated property from an S-Corporation triggers a deemed gain on those assets by the S-Corporation (hence also by you) - it's as though you sold it at fair market value, so you get the joy of paying the taxes on the appreciation while receiving no cash. 

we were only 10 days over schedule (we allocated just under 2 months) which is remarkable considering the various issues we encountered and the size of this rehab (we removed 4 walls (including a load baring), added 1 wall, added new bathroom, redid kitchen and existing bathroom layout, (new locations on shower, toilet, and vanity) removed a door, added 2 windows, new flooring throughout, and added an eyebrow porch.  

You do have the possibility of removing all of the doors and just buying replacement doors.

I feel the main reason the bank pays back taxes is to protect themselves of a tax foreclosure happening and they loose their security for the loan. 

I had to deal with a lot more issues than I've ever had in non-S8 rentals like extensive property damage and also bed bugs, roaches, drain lines completely clogged up by grease (I learned what sewer worms are, look it up), spray paint art on walls and food on ceilings, noise complaints, police at the property, removing dead bodies, etc.  4.

It’s called HB 182 and it’s now the law.Starting June 1st 2024 we can remove trespassing squatters without having to go to court first.

You may be able to just find a new roommate to take your position(with LL approval), and redo the lease with those 3 and you removed.

Completing cosmetic updates to the interior, painting the whole interior, removing drop ceilings to make the space feel bigger, gutting and renovating one of the bathrooms.