I'm just a guy finally posting on BP after years of reading while I built my business but I just wanted to offer your a different angle to look at the problem and say, "how much would it be to buy the shell house and roof it?"

The alimony hasn't happened nor is the divorce final.

It has been over a year since we closed and we are still awaiting final approval.

I recommend putting the final lender tab at the top of the page. 

Clean up and on going construction cleaning final clean.7.

For example, a 10% return (or reward) can be worth the risk if you are investing in a Class A single-family rental in a great market with an A+ tenant, but not worth the risk at all if betting on a 16-seed to make it to the Final Four in March Madness.Investors in mortgage bonds utilize the risk-and-reward framework when allocating how to invest capital.

Assume I'll receive a total loss on the final K1?

I finally paid a guy $2K to empty it and clean it up a bit and sold it through a wholesaler for $10000 to a young, big-talking investor from out-of-town who was positive that all he needed was some basic repairs (that he confidently told me he knew all about).To date, that property is still under renovation.

And a final note for comparison, although I grew up in a post 2000 open floor-plan house I also spent considerable time in my grandparents ~1916 home which was constructed by a wealthy engineer of the era.

Think of it this way, if you stayed in the home 30 years and paid it off, it would be a good deal for you no matter the final value.