Bigger pocket mastermind group-need imput

[Richard Pierre]

Hello successful investors, Can there be a greater mastermind group than thousands of brilliant successful minds? I think not. I need ideas? I have this house in a small town under contract an hour south of Jacksonville. I was so wary of its value that I actually paid for an appraisal, which came back at 125K. The house need about 30K in repairs. I've got it under contract for 38.5K. There's a code violation lien that increases 25 dollars a day as a punitive fine by the city to add pressure to get the house up to code. I have talked with several people within the code department and they all say once the house is finish and up to code the city will only assess the administrative cost. Which will be around 7K. I'm asking for 46K. What would you be your strategy for this one? Rehabbers/investors who are wary of holding on to houses for too long themselves, or the regular Joe looking for a great home in small town USA? All responses are welcome, and greatly appreciated.