@Jim Stoffey  some of my bigger Clients I have well over 2 million out to at anyone time.. try to walk into your private lender and get those type of funds.. along with your HML..  

Renters want to be excited when walking a unit to potentially.

If the house burns down, we'll just take the insurance payout, payoff the mortgage, pocket the rest, sell the bare dirt for ~nothing, and walk away.

Even if you have to visit $1k for a day trip, go and walk the area, meet the PM/Realtor/contractor in person. 

For example, on a conventional loan, you have to wait 12 months from when you purchased the property to use the NEW value to walk away with cash in hand. 

Happy to walk you through the regulations.

He then Entered through the open door and kept on screaming "come to the door" and went inside and started walking the property while smoking. i immediately called the police and they came within 2 minutes and gave him just a warning and left.

It would also be wise to have a reputable roofing contractor who has been in business for several years walk the roof and give you an estimate.

Is this normal for this amount of money or do I just need to walk away and look elsewhere?

It would have to be really bad, probably foundation related for me to just up and walk.