house & a half what to do?

[Stephanie Foret]

ok so I need some advise for the more knowledgeable than I. I inherited half of my mom's house when she died, the other half my sister inherited. I also inherited 1/4 of my grandmothers house my sister has 1/4 interest and my aunt has 1/2 interest.

My aunt has done a soft rehab on my grandmother's house, with out taking into account any my sister or I said because we don't know what we are talking about. My aunt has no knowledge of investing or real estate but doesn't believe I do either. Anyway, I believe the house can sell retail around $160,000

My mom's house needs a good bit of work but can sell retail $100,00 as is. At current there is $82,500.00 in debt against the estate, hopefully it will go down but worst case $82,500 ( Id rather over estimate than under estimate)

So run down of the assets
-1/4 interest in a $160,000 SFH
-1/2 interest in a $100,000 SFH with $82,500 against the estate

What would you do with this?

I would rather do a wholesale on my mom's house and just be done with it, but I think there is too much debt against the estate to make that feasible.
My husband and I were talking about buying out my sister's half of my mom's house and either flipping it or keeping it as a rental. We also talked about the possibility of buying out my aunt and sister on my grandmother's house if we sell my mom's house first and keeping it as a rental property.

I thought Id take this to the BP experts to get more idea flow. Id love to get other perspectives. Thanks for your time and answers they are appreciated.