The electric range is deeper than you think and has electrical components underneath. 

Saratoga county has track and other seasons that people rent places for bug money, I'm talking like 10k a month. 

My boss just decided to deny an applicant who has a Utility Collection (like Water, Electric, and gas), and I'm struggling with my criteria.Any Idea will do.....

In reality what happens is you end up paying more for a "clean house" but because you are doing a flip people want new mechanicals (central air, 200 amp electric, pvc plumbing stack) so you end up doing a full gut or larger rehab then simple cosmetics and now your returns have shrunk.In your situation for your first investment I would be ok with a smaller return because of the experience gained, but for the next look for larger profit.

I know based on the Illinois Condo Act, HOA should cover the wall, insulation and electrical. 

That usually means the units were renovated, but what about structural, mechanical, electrical, plumbing?

-Ultimately, the water came through the roof/ceiling a soaked my first floor, insulation electric, sheet rock, flooring all ruined.

For some that might be significant electrical issues or reconfiguring rooms.

There were dead bugs under the bed and on the counter.

He sells them for tens of thousands a pop and generates revenue of over $1M a year and has no overhead except his electric bill in his basement for the lighting, a part time employee and of course the food.