Technically a foreclosure can start 120 days, and in texas its a non judicial state so foreclosure timelines are pretty quick.What is your end strategy with this property?

My personal taxes involve fairly complicated investments that also require multi state filings.  

That plays a role.3) Where this gets complicated is you are doing commercial financing.

@Gary StarkReal estate tax return preparation is very complicated.

@Jason Malabute Yes, it is easy and straightforward, UNLESS you have a complicated structure in your LLC.

It's not super complicated, but you can pull out cash to rehab the deal and then put it on the market with no prepayment penalty. 

Making matters more complicated, these Sec. 1031 tax basis calculations are needed before a cost segregation study can be recommended.

This means thousands of dollars more in engineering, surveyor, and architectural cost plus months of extra work.Original 2-story garageHISTORIC CONSIDERATIONSTo complicate things further, the structure is located within a historic district.

This is very complicated.

I'll reach out via pm to see if there is more to the situation that is complicating it for you.