I would suggest scraping and or taking a grinder with a wire brush to the wall to remove all the loose "plaster" type material.

Good on you Steve.... the refi to you die mantra has gotten many folks in trouble.. there is absolutely nothing wrong with free and clear assets.. sleep well live well..... its one way to really scale up when that big deal comes in. .your balance sheet looks super strong.. your banker see's you have a combination of TRUE equity and your not leveraged to the hilt.Its the same concept of paying off 15 to 20% credit cards.. for me perosnally with auto loans at 2% no need to pay cash for those like I always did the last 30 years... and for personal resi with 3% money no need to pay that off although my LTV s are all under 50% and I always have that 500k of tax free I can tap if I want to decamp to retirement land..

VA guidelines require that “The surface requiring treatment must be thoroughly washed, scraped, wirebrushed or otherwise cleaned to remove all cracking, scaling, peeling, chipping and loose paint and then repainted with two coats of a suitable nonleaded paint, or:The paint shall be completely removed or the surface covered with a suitable material such as gypsum wallboard, plywood or plaster before any painting is undertaken if the paint film integrity of the surface needing treatment cannot be maintained.” 

They do have national speakers who will try to sell you a course, but just leave your wallet at home and bring your biz cards for networking. 

They're scary and some are smart enough to sue you because too many cockroach lawyers go there and hand out 2 cent business cards.

How about a small personal loan, line of credit or credit card perferably with a no interest until x date.  

Pretty soon "Oh really, my sister wants to sell her house, do you have a card"?

This property will be a scrape and rebuild something.

I paid $310 and it's now worth about $420 without the lot-- so I could make a bit of $ and keep the lot (now worth $90K)Here are my choices:1) Sell house pay capital gains (25%) and pay down other RE debt or use that cash to build new rental on lot next door.2) Sell house and do 1031 exchange into another investment property in better shape.3) Scrape house and build triplex. 

So I was online playing his game CASHFLOW and I seen his advertisement for a real estate blueprint and after doing some research, there is all kinds of scams that other people posted about increasing credit card limits before I read that I ALMOST bought his blueprints!