Guessing is a poor way to approach a payoff.There may be other liens on the property.

If they accuse you of fraud or anything similar, my guess is that you will have a very hard time explaining and justifying how you were legit in buying a $320k house from someone for $25k while they were in distress and being prosecuted.If this was me, I'd either stay out of this mess entirely or just pay for the attorney as an act of kindness. 

So I guess it’s not a short term flip.

But I guess there's no way around paying actual rent instead of mortgage first. :)----@Drew SygitWow, thank you for bringing up property classes!

kitchens usually run around 15-20, I havent dealt much in exterior painting but id guess 3k. rooves run anywhere from 6-9k on average you mean kitchen with all materials included?

The lease that I use (and would guess most boilerplates) have a clause about the lease ends in the event of a long term unoccupiable event (fire, for example.)

Quote from @Mary Jay: I guess, I wonder,  if taxing depends on the amount I am converting? 

Whew, not an attorney here, but my guess is they are going to have a difficult time getting any of that back. 

Quote from @Scott Nachitilo: Hey Veronica, It's true that insurers today rely on seeing past claims as a way to guess future risk, but don't give up just yet.

Is there a reliable app or software that you can just enter the subject address and it takes all the guess work out and produces accurate comps?