He has repeated the process in which you mentioned with success.

I am currently in the process of identifying land for a purpose-built residential assisted living and memory care facility in Houston, TX.

It can accelerates process and can make numbers look very attractive (if you are open to renovations, does not need to be crazy)

Depending on the volume you would be submitting, find a company that does not have high monthly minimums and can walk you through the process if this is your first time using.

It ends when they AND their stuff is removed to the level that allows you to begin the re-rental process. 

I’m also in the process of launching a new home inspection company, which I’m confident will help me get back on track financially.

Alot of unknowns as you don't have the ability to walk the property beforehand, but interesting process, and pretty good deals exist there.While the Trustee Sales are cash purchases, there are many hard money options that can turn over the funds in time for the 24 hour funding required to complete the purchase.If you are interested, let me know and I can go into more detail, as well as make some other suggestions for you to consider. 

I'd really appreciate any insights or resources from those of you who have been through this process.

Then start analyzing deals so you get comfortable with that process.

If real estate is involved, separating it into its own LLC before the sale can simplify the process and make it easier to leverage a 1031 exchange.This post does not create a CPA-Client relationship.