If he hasn't had any nibble in my experience it means the house is priced too high.I am buy and hold, so i can't offer you any advice regarding selling except has he thought about renting? 

You'll also be able to see what the expected finishes in the area are, which will give you a leg up, if you are estimating rehab costs.Accurate CMA's are vital to determining your ARV. 

Bottom line, your note won't have much to do with the disposition of assets or equities except that she will have other equities and less liabilities, that may be offset, it could mean that if liabilities were not equal the difference could be made up in the asset allocations....I doubt you'd get that deep in a customary divorce. 

Once I hit 5 I cannot do a cash out refi on any of my properties except my primary so I felt I would be shooting myself down the road but taking that option off the table.  

The mortgage broker is collecting a fee each time he closes and it may make sense for the borrower in that the first loan may have been high, except that the borrower should have gotten a better rate.  

A "real estate broker" is any person, partnership, limited partnership, limited liability company, association, professional corporation, or corporation, foreign or domestic who, for another, and for a compensation or valuable consideration, does, or attempts to do, any or all of the following...In Utah, we have a list of exceptions including being a principal on a transaction.  

With some exceptions of course.

On top of this, between him and his wife they have more than $150,000 in credit card credit with no debt, except a mortgage.    

Most of the exceptions involve, as you said, smaller amounts of money. 

The #s look pretty good "except", the pool has popped out of the ground.What to do with the pool and how much?