So I decided to give the rehab job to someone else.  

Now, after 9.5 years, she said she could get a loan, but wanted to only pay me the amount that the amortization schedule principal showed that she owed ($96k). 

I have thought of spray foam which creates its own vapor barrier but it is way too big of a job for the standard DIY kits. 

If your income (like a job) is over $150k, any paper losses that this property might generate will be locked up tax-wise until some future point: either your income drops, or you have some passive income, or you sell this property.If your income is below $150k, you are likely to see some tax benefits right away.

I’ve got about $25k cash, $60k in credit lines, good contracting and industry experience (did multi-family portfolio management for a while) and no job (so no mortgage opportunities).For you MN folks, what’s the bottom of the “crappy but not tear-down” bad?

I have a warranty but they didn't have a contractor that works the weekend. so I wasn't able to schedule them to come out until that Tuesday, after speaking with them on Monday.

Some context...I just recently took an entry level job in sales as a recent college grad.

^This.Also we do monthly unofficial meetings,  make sure to set up Raleigh/Durham/Cary keyword alerts and you'll be notified the next time one gets put on the schedule!

What is a typical payout schedule to these private investors? 

I make around $100k from full time job.