I know an investor  from LA who is in the entertainment industry and moved out to Waco but he is able to work remote.

When your tax professional calculates your UDFI tax, you can obtain information from the asset sponsor for potential write-offs. 

They will mark these wetland areas (if they exist) and are you are required to avoid them or obtain a permit to impact them.

Does anyone have experience obtaining a variance for this type of usage?  

First, I have read that many people are not obtaining permits.

Most fail to take this last step, or merely obtain insurance certs where they are listed as a certificate holder. 

But the way this unfolded was I did the research and could have obtained a Letter of No Objection.  

And (B) it's a beautiful setup for big probability of snagging it post default, be it from the regional bank who financed it or whoever J.P. has entertaining liquidations when they take over asset's of the regional lender. 

Second position lienholder have done some shady stuff in order to delay a loss, including filing suit against all parties or trying to obtain a temporary restraining order.

The next steps are obtaining the Judgment, followed by setting a sale date.