And, perhaps most importantly, make sure you have access to flexible financing options that can help you adapt to new market conditions.

Alot of unknowns as you don't have the ability to walk the property beforehand, but interesting process, and pretty good deals exist there.While the Trustee Sales are cash purchases, there are many hard money options that can turn over the funds in time for the 24 hour funding required to complete the purchase.If you are interested, let me know and I can go into more detail, as well as make some other suggestions for you to consider. 

A 1031 exchange into multiple industrial properties, a mix of asset types, or even a REIT investment could spread risk while keeping you exposed to real estate.Hope this helps—sounds like you’re in a strong position with good options either way!

Also, research other areas where you can invest as a private money lender (fix and flip is just one option)... 

Would a home equity loan be a viable option in this situation, especially in regards to eliminating some of the red tape I'm running into with a refinancing an scorp-owned property?

Many good rental options in San Antonio/New Braunfels area.

That's how I would propose it as an option next time.

These solutions can make a huge difference, and the long-term option will really help set your STR up for success.

There are just too many options available to go directly to the supplier!

House hacking is probably your best option.