It's when he uses a torch he accidentally burns your property down.

Awesome to hear Account Closed keep that flame burning and go be great you deserve it!

It will not make much financial sense burning another $32K on a property that is already costing you to hold unless it will be worth considerably more than that plus the mortgage balance after the repairs are made.

Comparing situations where the home is badly burned or vandalized and someone buys it for a dollar, how much work is too much work for a first deal? 

Speaking as an investor, there is little chance I would buy a burned out shell unless it was at an extreme discount when taking into account the cost of repairs.

Drumming up fake injuries and charging absurd legal fees will burn up your insurance limits real quick.

Just bear in mind that if it burns down, there will need to be a fire wall when it is rebuilt.

Do you think I'm burning my money here?

The property cash flows 2400 a month and has a killer location.He's owned it the last 20 years and he's getting burned out.

I have to say it's a little maddening to have to wait when you have an idea burning a hole through your brain!