It seems to me that I never get the value out of that third bedroom with only one bath. 

s...the confirmation by the court is for the equal distribution to the beneficiaries not whether the sale should go ahead or not.since its a fix and flip, there is no rental income.......i would suggest speaking to your lawyer as to how well protected are you by the articles of agreementIf you were to go ahead, fix it then hold it to earn rental income while waiting for title(specific performance)?

It helped a great deal with the market recovery as these Wall Street funds provided a role that the secondary loan servicing market was unable to perform for a few years.For the primary markets like, L.A., Las Vegas, Orlando, Tampa, Miami, Atlanta, Dallas, Houston, Phoenix, Boston these hedge funds sped up the recovery at a rapid rate.

If you are looking for passive income, then you want performing notes.  

Some purchase and sales agreements (Lease Purchase) may have specific performance requirements that allows litigation is the buyer doesn't buy, but I don't really recommend adding insult to injury if a buyer doesn't close in a lease purchase by them forfeiting their earnest money AND staring down the barrel of a lawsuit for not buying.

Third, move on to someone else while you due your diligence.

They don't have to deal with the aftermath that you do if a investment project does not perform to original devised plan.

Instead you can get almost the same rental return but for a third or a quarter of money down when you invest out of state.I'm just starting out and love learning about this.

I'm not saying it's the best decision but considering the cost of well drilling and septic systems many of the installation contractors offer third party financing.

I wish you well but I'm not sure the banks policy on 203k draws and non-performance of the scope of work.