@Sidney StephensIt appears you've received some pretty solid advise so no need for me to repeat what was already stated.

The Tenaya fire appears to be approximately 40 miles southeast of the property, so farther away perhaps, but the property is sandwiched in between those two fires.

They couldn't see past the clutter and understand that once the clutter is removed, the rooms will appear a lot bigger.

Casey- I also have had the same conversations with my mortgage company, attorney and CPA and unless the property is paid for it does not appear that their is any way to hold the property in sn llc without the potential risk of the note being called due.  

Many of you know @Scott Sutherland through his appearance on Podcast #114 - How to Invest In (& Have Fun With) Vacation Rentals.In addition to being an amazing guy, what you might not know about Scott is that he has a portfolio of regular ol' rental properties with long-term renters.At one of our meet-ups, Scott talked in depth about how to buy, manage, and improve the houses.If you're interested in watching it, you can see the video here:Enjoy!

Inside the floors which appear to be laminate are warped.

A drop down menu will appear.

So, this is an even worse deal that it initially appears.

Because of these issues it appears that no bank will commit to underwrite this for an FHA loan. 

Both the attic addition and garage studio appear to be at least 25-30 years old, but I have no idea where to start looking to see if they would be grandfathered in.