There are several great ones in Dallas, but I'll bet these days most want you to have some skin in the game, so no 100% financing and also financing of renovation costs. 

Sorry to be bearer of bad news but your best bet is to just get it resolved and take it as a lesson learned

As the other post suggests selling and investing the money till I can find a turn key property sounds like the safest bet.

And how much money should I put aside to give me the best odds of pursuing my goal?

if the timber is merch  you should get a mill in there to bid on the timber.. hire a logger.. profit you use to knock the stumps out.your civil engineer should be giving you a preliminary cost to do infrastructure normally they will do these for free since they will be designing it all.. they would be the best bet anyone on line is simply  a WAG  

Right now she has a Occupational Therapist in the downstairs (1/1) and an elderly couple who had a major flood and insurance is paying for it.In Atlanta, I am betting you will have all sorts of possibilities.

Adam I bet dollars to donuts this is not CA property sounds like D class rust belt or mid west.Chicago etc.

It's odd they have washer dryer hook ups but no central air.I think your price is reasonable, especially with the cap ex you're going to have to do.I don't know about owner/occupied status.

It's typically both.I bet dollars to donuts your tenants are paying less than the rentals are worth and they are trashing them.

Talking to a commercial lender is the best bet.