We just acquired a duplex that (at closing) was supposed to need about $4K in mold remediation.

Under contract, just needs to close.

If you want to sell a property and keep deferring that tax by NOT recapturing the depreciation, you can do a 1031 exchange where the proceeds are held by a licensed intermediary for a short time while you identify and close on a replacement property.

If you aren't close to the property having a solid “what if” emergency person helps.

Break down your rehab into individual jobs, for example get a electrician for electrical work, a plumber to repipe the house, a dry wall guy to close out the walls, etc.

I am in the middle of closing on a mid-sized apartment deal in Mcallen, Texas.

Would be a great option as you are about to close on the next project or pick a new one up. 

I am supposed to close on the property next Friday, so time is of the essence.

Sometimes, bridging these emotional gaps can be the key to closing a deal.

The house is a simple two bed one bath with a garage and a fenced in backyard.