Take the iPhone for example, if u asked someone in 1980 if a iPhone is a fad or the future, most will say fad, now we are waiting for the iPhone 8 to be released.

You might be able to effectively tie up your Replacement Property by going under contract and having an extended closing., Or you might be able to put the property under a lease with an option to buy so that you have control over when you exercise the option and close on the property, etc.

Usually for a case like this where the tenant is basically committed by the court, for care, it takes like 1-2 months to get the apartment released, and items figured out by family ..I'd do as much as possible to get this resolved without eviction action. 

Best I can remember Metro water district extends pretty far.

Adding value can release equity close to your suggested figures.

We agreed that she would be released from her lease once we had a new tenant in place. 

In no particular order, here are the worst 5 reasons given to us for needing a commercial real estate hard money loan5 - Bank foreclosing - was unable to make payments to due to gambling addiction4 - Need cash out to pay off Mexican police to release son from prison3 - Need cash out to buy Ferrari for 23 year old Russian girlfriend2 - Bank foreclosing because charged with homicide of loan officerAnd my all time favorite1 - To get as much cash out of properties before filing for bankruptcyYou can't make this stuff up!

I am aware that this could complicate selling the properties singly as the note for both would need to be cleared to release the single property. 

I have not bought from them because they didn't release tapes very often but have spoken with them several times at conferences.

The details will be in May'17, when there will be extra days, and other closed escrows that got extended in April.