You need to read the sheriff sale information carefully, or if in a county with a magistrate then read their ruling. 

Assuming I get an appraisal of $500K, I have ~$110k (75% of appraised value minus the loan) I could tap into for equity for a HELOC.Question: What is the process for getting a HELOC?

When I've talked to the owners, they said their tenants are not problematic.

I took a picture of the hours for my own reference and get chastised by the employee for taking a photo, which is "not allowed at government facilities"....Enough of the rant,  fellow Illinoisans or else where any tips on how to work on government time while trying to hit closing deadlines. 

Certainly talk to your CPA or your 1031 QI, both of which should have had a 10 second explanation at the tip of their tongue.

Are there strategies, financing tips, or resources you’d recommend for someone in my position?

If you have any tips or resources for a beginner like me, I would greatly appreciate it.

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I have no w2 job, a lot of toys (need to get a plane), can do what I want, can assist my son to find his way in life (he is leading his 2nd rehab) and if I wanted I have generational wealth (I have given away a lot money the last few years).  

I am particularly interested in:Understanding the fundamentals of wholesalingNavigating Texas-specific real estate laws and regulationsBuilding a strong network of cash buyers and motivated sellersLearning effective marketing strategiesAnalyzing and evaluating dealsIf anyone is willing to share their experiences, tips, or resources, I would greatly appreciate it.