If spending $100k will only increase the value of the property from its current state by $100k, there is nothing but risk to proceed. 

You should carefully review the terms of the loan, before you agree on proceeding with the loan process. ...Here is the TERMS AND CONDITION review and get back to me immediately.{1} The applicant will start the repayment of loan at the end of every month starting from 6 months after loan has been transferred, the loan is charged at 3% interest rate.{2} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately. {3} Applicant who is unable to meet with the repayment will be given 2 weeks more as a grace period before legal actions will be taken. {4} Note: As soon as you in agreement with the terms and condition below your loan will be approved by the governmental body so as the loan papers can be processed. {5} Note: The borrower will be responsible for the loan processing/documentation fee and this is the only fee expected to pay for this transaction to have your loan transferred to you as soon as possible, NOTE: This payment will not be deducted or added to the loan IT IS PAID UPFRONT $1075.00. * Your inability to pay or agree to the payment of the upfront fee, means you are incompetent of repaying the loan.

I'll throw in a few more things to consider:Property Assessment:Structural Engineer Evaluation: Before proceeding, hire a structural engineer to assess the extent of the damage.

@Keegan Darby when you sell, what's your goal with the proceeds?

Your insights have certainly given me more to consider, and I’ll proceed with caution and thorough planning.

My property manager is still taking out Franchise tax monthly and I'm neg negative $200/month and I don't know what to show them to stop them from taking that franchise tax from my proceeds.1) Do I have to put my property to my WY statutory trust as I do with my other state properties to their LLCs?  

Others say I definitely need a permit before proceeding.

This demonstrates the buyer's seriousness and commitment to proceeding with the purchase.Additional Clauses:Subject to Sale of Buyer's Property: If the buyer needs to sell their current home to finance the new purchase, include a clause making the offer contingent upon the sale and closing of their property.Specific Repairs or Improvements: If the buyer has identified specific repairs or improvements they want completed by the seller, include details about these requirements as conditions of the offer.Review by Legal Counsel: Consider having the "Subject To" offer reviewed by a real estate attorney to ensure all contingencies are clearly defined and protect the buyer's interests.Final StepsNegotiation: Once the offer is submitted, be prepared for negotiation with the seller.

We would like to keep our home now and use it as our first rental property, but we are unsure if we should just liquidate it and take the proceeds.

If I don't get the rent by next Friday, they will get a notice to pay within 5 days, or we will begin the eviction proceedings.