So what you're saying is that instead of selling a janky house for $2M, what's really being sold here is a plot of land for $2M, with a fire-damaged house on it

So what you're saying is that instead of selling a janky house for $2M, what's really being sold here is a plot of land for $2M, with a fire-damaged house on it that you will have to pay even more money to renovate or raze and rebuild? Must be one heck of a school district. :)