Let them know that you are a player and you are looking for deals.Title Company – A title company is responsible for issuing insurance to a buyer that insures any defects against the property.

State construction defects legislative reform has failed so localities do it themselves.

If they can't afford materials and to front labor then they are too hand to mouth and your going to run into issues with them when it comes to defects just like your doing here.

Whether or not it is an "as is" deal, if you are aware of a latent (hidden) defect, disclose it. 

A seller will not tell you about any substantive defects related to the property, and it's your job to find them- bring your property manager along for the building inspection. 

My problem is I think my Abstract of Judgment is defective --- which makes it unenforceable. 

And you learn the hard way that many of the products sold ( especially plumbing ) are not even approved in many states if you have a defect claim your toast ( I know happened to me) But if you buy from Fergusons your good they only sell products that are approved in each state they work in.  .

You can also get lenders title insurance policy that will protect you against any undiscovered defects, or even protect you against future liens with some title companies.

Can I go back after the inspection and ask for some money back citing different defects in the house?

You can consider using a conventional renovation loan, however, you will have a larger downpayment but no PMI and it is not as strict for repairs required/mandatory repairs.Finally, the meat you are looking for, although you cannot do the work yourself, here are some things you can do: Contractor can repair walls and prime only areas of repair, you can paint the interior, the rules state that the walls need to be whole, they do not need to be uniform and painted, they have to simply be free of defects.