The Mortgage is paid off. 

I should also mention we shut off the breaker (to the garage) after confirmation from two electricians and our contractor that we had a serious fire risk.   

We’d love to give you 30% off your next clean.

Its on, its off, its on, its off.

I would suggest you up your rate from 8% to 10% to help off-set some of that cost. 10% is doable all day long here in Texas.

The government has tried it with section 8 and rent control in some cities , we all know the end result .You would be better off starting a jobs program teaching the trades , educating them on finances and work ethic and then rebuilding abandoned properties for them to buy 

You would need to let them know you are 2nd lender and want to pay the loan off.

Renovation cost is roughly $30K.I guess what throws me off is that you say Cash invested: $60 

Off Market Deal How did you finance this deal?

I priced an off-grid home when there were none sold in over six years.