You borrow money to improve the property secured by that property. 

To sum up the risks to the seller; the seller remains liable on a note which is secured by real estate they no longer own; the property sale has violated the due on sale clause of the mortgage or deed of trust and the note can be accelerated by the lender; the seller’s credit capacity is impaired because he has debt with no offsetting property equity.  

Is it not an option what-so-ever?

Located just a stone's throw from I-35, this prime location beckons both travelers seeking transient luxury and long-term tenants, including discerning retirees.With meticulously designed sites and secured permitting, this venture promises to redefine luxury travel and investment excellence.

I'm not seeing many great options online.Any thoughts would be helpful.Thanks

@Logan M.All of these are great options.

If you believe the property tax assessment is too high, you can explore the option of appealing it.

These are the only two options I am looking at.

The only option with some degree of control and safety is Short Term Rental. 

I have a few questions on options for financing repairs.