So your initial lender could have a big effect on how your offer is made.I hope this makes sense how I am describing it.  

Among the factors that influenced the court's decision were the limitations on the co-owners' ability to sell, lease, or encumber either the co-ownership interest or the underlying property, and the manager's effective participation in both profits (through the remarketing fee) and losses (through the advances).

If yes how much will that effect the loan I get from the bank for my other property?

Hey everyone I believe I have had a recommendation for a HELOC with CACU here in Kansas City and I think they have a great product but it is not I/O payments. If I was told wrong or they do allow I/O payments let me k...

If you don't and you are renting, then I would push you even further towards house hacking, as then you will get the double benefit of eliminating most, if not all of your living expenses, which in turn will greatly increase your savings rate.Other options could be, find a partner who has the capital, and you do all the heavy lifting of managing, and handling the property.

Clean up, do repairs, secure, add exterior lighting, add cameras, add fencing, spend the money to ave your investment, whatever is needed to make the subject safer, desirable, and cost effective.

I am going to get some quotes for demo vs refurbing and see what's cost effective.

Getting in front of motivated sellers but also refining my process to be the most effective.

My advice would be to formulate an action plan with Onneka, your lender and your agent. i.e. spend the next 2-4 weeks effectively assessing your investment options and the current market (available inventory, sold comps, absorption rate, etc).Start with the end in mind.

When we lived in Michigan the city we lived in had strict inspections that had to be conducted for a fee to redo burned homes.Realize that while you can encapsulate some of the burned wood to eliminate the smell, the heat does change the structure of the wood and may dictate replacement - again factor that into your offer.