My company uses QuickBooks and assign separate classes for each asset that we manage so we can isolate them for profit and loss review.

We got an estimate from a roof repair company and the estimate came to 12K.We got the insurance involved and while they agreed on the damage they deducted the amount based on life of roof and then gave an estimate of approx 8k.Then I am now at the point where I have to sign Proof of Loss statement to get cash claim and they further subtract the deductible of 3K, and effectively giving a cash $ amount of 4K+. 

The original job loss exacerbated the problem. 

This could have been a situation where the financially overwhelmed homeowner/mortgage borrower elects to walk away from the house-- that would result in a significant loss to the lender.  

The bathroom tile is original, I believe, but it's an attractive shade of tan (rather than pink or powder blue!)

You are questioning because neither are a fit and quick money in the front end means loss of lots of money on the back end.Good Luck.

I couldn't afford to sell off the property at a loss and ended up renting it out. 

Even if it means a little loss for you. 

Best Buy actually got in quite a bit of trouble in NH because their loss-mitigation policies (stopping people, demanding receipts) actually went well beyond New Hampshire's law on Shopkeeper Privilege.  

As the pros on BP say do your own estimate of expenses (including lawn mowing, snow removal), insurance, rent loss from vacancy before jumping in to make sure the returns meet your needs.