Yes, Frank, you are thinking correctly and NO you are not stuck.
I suggest you interview a few listing brokers to see what they think they can sell your home for with repairs and without repairs. (just don't choose the agent who promises something to good to be true)
Next, talk to your bank and find out how much you can get a loan for with how much down. Look at a couple of different loan options and then go get Good Faith Estimates (GFE's) from the competition. (again, don't choose the lender that promises the impossible)
A lot of people wish they were on your path, best of luck to you.