Feels like Partial 1031 Exchange would also be an opportunity, correct me if I'm wrong @Dave Foster, if you continue to rent out the property after the sale. 

Also what is the market rent there?

In this episode it talks about rental arbitraging many units in apartments and then being awarded government contracts where you house a large amount of government employees  and the government pays you well over market rent.

Market rent 2500/month.

My wife and I own a vacation home in Texas and are renting in our primary residence.

Because they have a TON of equity and their mortgage is cheaper than rent and they have no alternativesBK filings will be off the charts the next 2 years and foreclosures will increase but as noted calling a bank is a complete waste of time as they also use 3rd party asset management companies and will not give you time of day.

County Clerk suggested that once I retake possession of the property, that it is could be difficult to get a settlement for any future unpaid rents through the end of the lease term, which is through July 2024.

In Denver, I'm considering buying the property next door to mine and renting my current (2Bd1Bath) Single family home. 

He tells me the property has been vacant since October 2017.Note that Oceanpointe deposited rents from October 2017 through March 2018.3/28/2018 - I sign the contract to change PMs to Wilmoth Group;4/2/2018 - The Wilmoth Group PM sends me many photos of the destroyed property, including what appears to be an abandoned stolen vehicle on the premises; they estimate a cost of $12,000 to $15,000 to repair all the issues; PHOTOS4/2/2018 - Reply from Clayton promising to make needed repairs4/3/2018 - Clayton Morris emails me that he is checking out the house this morning with his team; that it’s a good property and that OP will fix it on their dime.

Personally I'd want to know any expenses over a specific dollar amount and would want to know about lease violations, rent that wasn't collected by the 15th, tenant requesting early termination etc.