My business partner is getting a divorce and rather than split things up we have decided to liquidate soon.

Feel it best to diversify into a few to manage risk and liquidity. 

The smell of mildew is strong.I know the repairs part...but the mildew smell and such will be a new challenge.Besides replacing the damaged areas, I was recommended to shellac the entire floors and spray a mildew solution everywhere.

As it stands today, I have roughly 70k liquid and looking to invest in building a new construction home for profit.

If you dont have anything liquid, its definitely a lot harder.

Let her get into the discussion before you liquidate on her behalf for the future.There are thousands of real estate-related jobs she could transition to over the years and sites like these are where you will see what others do that could spur that on later.

It was an effective strategy to keep the project moving forward while maintaining financial liquidity for other investments.

It was an effective strategy to keep the project moving forward while maintaining financial liquidity for other investments.

Illiquidity: Real estate is harder to liquidate quickly.You can invest the full amount but must use IRA funds exclusively for property expenses, keeping personal finances separate.

Have they taken up area carpets and sprayed furniture?