Ok. Scraped together some money and a couple friends and my wife and I have begun fixing it up. We are about halfway and will be putting down carpet and vinyl in a couple weeks.
Thanks to the guys with advice and help with this. Wife and I decided to sell our house and move in to the rental since it will save us almost a $1000 a month. Going to pay everything off in about 3 years and then build what we want.
Also hope to put ourselves in a position to have the extra money to do some good in the world.
