You stated, foreclosed, so it implies the public auction occurred and that the auction now is an attempt by the owner to sell an REO.

If it's not cash-flowing why not sell?

You can most likely just sell the land and do a cash out refi on the property. 

Wouldn't the same capital gains tax liability exist if I kept the property in the s-corp and sold it in 10 years vs. moving it out of the s-corp (into my personal name or an LLC) and selling it in 10 years?

Collin County seems to be over price, the same than Denton County, though you could find some deals there is always a challenge to find the right one.One thing to take in mind is the maintenance cost, Fort Worth has older houses that will cause issues on the maintenance, if you are looking low maintenance you will need to look a few and identify how you fell comfortable.

They will help you identify areas and properties that are trending favorably and have relationships with contractors to help you and your investors maintain and fix their properties.

It took ten years to get the properties back up to a good profit level as I was Short Selling and finally Selling the last few for up to $100,000 Profit.

I’m currently doing this with another unit but the owners are selling so I have to move.

The bank might sell the property for $22M provided the NEW buyer can write a check for it.So whatever distressed assets are out there, inexperienced investors won’t be getting them.

Until the foreclosure is complete, the owner is the only person who can sell this property to you.