Got to separate them. 

Purchase price: $430,000 Cash invested: $85,000I bought the property partially renovated on the interior, then proceeded to do updates to increase value.

Definitely planning to check them out myself!

Re-invest with more of a reserve in a better market, and understand you may not have the quantity or "doors" you are dreaming on your vision board.

. $7k on holding, $16k in commission, $5 in closing brings you to 248 if everything goes according to plan.

@Colleen SutherlandWelcome to BP!

I’m looking for a structure that would at least allow me to break even, or create capital through something like the BRRRR method to use for future deals.

The appraised value seems low and I am trying to understand the best strategy to challenge this value and the cost / benefit of going through the condemnation process. 

Yes, when bad things happen its a great time to be look at how you planned and prepped to be able to handle those things and feel GOOD that you were able to manage things such that they are turning out BETTER than you planned for on average.

The best strategies will be tailored to your specific situation.