Sounding redundant here, but if you are ever in the Conroe area, there's a meetup every third Thursday of the month.

Joe is right, it sounds like if you sell, there may not be any capital gains.

The septic is a 2 stage lagoon, on main well for entire park.

It sounds like every state would be different then.

If she's willing, which it sounds like she is, your mother-in=law can get the line of credit with her property in her name and then you can just use the line. 

No matter the stage of the market, there’s always reasons not to invest. - Prices are too high- Prices are falling- Interest rates are too high- My Cousins, Mothers, Sister told me that Real Estate is too riskyThere’s never a “perfect” time, but everyone wishes that they started sooner.

Sounds like you’ve got some solid experience under your belt.

However, it sounds like you are confused about the different types of auctions that exist on Auction.com. 

It sounds like you may not be cut out to manage rentals in which case you should probably sell.

You will realize the loss for tax purposes when you sell the security, which it sounds like will happen in 2025.