You need to be there on the ground to observe what is taking place.

@Cameron TopeThanks for the help I will be observant to make sure the person I believe to be the end buyer is not a wholesaler.

@Brandon Goldsmith, yes, that’s my observation too.

Repair by a foundation contractor is needed. 11, horizontal crack and movement (inward) are observed on the basement block foundation wall.

I'd say look at other reasons as well as this may be a case of observations not necessarily be the causation.

And without a way to finance the rehab costs, rehabs change the LTV ratio.My observation has been that more units in a multi-family typically gives a higher %, but then you also have higher costs in lawn care, snow removal, trash removal, etc. 

I was so nervous, but I put on my best poker face and just observed how others handled themselves when bidding.

My observations about (most) Texas real estate is that the upside opportunity for appreciation is very different than we see here in CA and it's much more a "buy and hold until you get old" play since the major topic of my investor friends with interests in Texas (except Austin) have lamented.

Home inspector when done to make sure its done right and to code.. ( which looking at videos none of it looks to be or very little ) at least in observations.. and the one' s I drove by that were vacant trashed and front doors kicked in those are obvious.. :) 

Obviously this varies from company to company, but that is what I have observed over many years.