I did it the boring old fashion way, saved and researched until I had enough.

Flex seal creates a smooth non absorbent surface.

They apparently have a good product, because women can buy makeup pretty much anywhere, from Wallmart to specialty cosmetics outlets, yet Mary Kay has a huge herd of buyers for a product that is not marketed in any other fashion. 

Vinyl plank doesn't need a perfectly flat surface.

Now, if you are independently wealthy, and can afford delays and lawsuits and you like drama, "carry on" in the fashion you have described. ;-)And, No, a bank wouldn't touch it in the way you've described.Yes, it can be done.

On the surface, it seems that you would not be able to depreciate an asset  in a tax sheltered account any more than you would be able to write off stocks that went down in value inside an IRA.  

well I have a little sharing idea here-do not fall in love with this property and spend all your money on high end stuff that's not going to pay you backget it finished in a timely fashion and don't throw gold plating on itlook at like properties in the sale range and stick with what sells100k goes pretty fast without a budget and a visionthis is a investment you are going to turn, sometimes that's hard when you have had good times in a place for a period of time-memories- make a reasonable budget look at what sell for the range your after and don't go brokeenjoy and good luck

I talked to the city engineer and on the surface from what he said its doable.

Eventually the right one will surface. 

This is not to blame that the tenant caused a situation for condensation but it is for not reporting issue in a timely fashion which could have allowed fixing and minimizing the effect.