My  contractor has advised that it would be more cost effective to simply furr out the walls and put up a nice smooth dry wall instead of trying to even out/improve the current situation.

I struggle with this as well.I personally think VA loans are pretty cut and dry, I don't want to hear more discussion on how to buy a 4-plex and rent out 3 units to pay for your own.  

The inventory is there while it’s drying up for those REO buyers who are waiting for inventory that is never going to show up.2.Pricing.

I normally have a no-pets policy  (which stems from bitter experiences and Urban Farming)  but allowed them in the case.  

Next you will want to dry out the area with a dehumidier and negative pressure air scrubber to eliminate any mold spores in the air.  

This means that you clearly have no intention on purchasing this property if you couldn't find a cash buyer and if you can't find one then you're going to cancel the contract and leave the homeowner high and dry.

okay here is a little story about this house. i bought the 1200 sqft house for $14k from a owner, and spent around 12k for remodeling such as a new wooden floor, paint inside/out , window and tiles and some new dry walls.  

I am looking to buy cash and fix and flip, but wondering if I should just keep my powder dry and wait. 

Dry naturally and repeat.If it's a flip, I'd source wood look laminate or the above mentioned tiles.

So when contracts dry-up, so does RE.Classically, Palmdale was intended to be an alternative to the LAX airport, just like Ontario.