He told my contractor the beams are wet and rotting and should be replaced which my contractor disagreed and he told to him to stick with the health code.

In fact, the one we are working on now (full gut of a rental I have owned for 10 years) seemed to be a $60k rehab that is now a $100k rehab as we started opening walls and realizing there were some former leaks that rotted studs.  

Running water in all the sinks etc....A dry drain can be a smelly drain.   

If she hadn't been such a PITA I would have given her the stove, but she's the kind that would have taken the stove (it still worked but all the wiring was severely dry-rotted and exposed wires were everywhere), put it in her house, had a fire, then asked me to cover the damage.

@Doug Hogan we have excavated basements in December, framed houses in February and we do roof jobs in winter all the time.Winter in Milwaukee is not an ongoing snowstorm for 3 months; most days are just cool and dry or cold and dry, good working conditions actually.

LolI'm refi and parking the cash in the stock market, spy and qqq. 2022 will need lots of dry powder IMHO.But our over portfolio Ltv is very low so the loss of cash flow on just 3 doirs won't be noticed.

Additionally, Chase bank tends to agree with me as they had absolutely no problem qualifying me for another mortgage, but Chase doesn't want to finance anything that has dry rot (which any discounted property will have) due to it being a health issue.

In many cases they will even require dry and flaking paint to be repaired prior to closing as well as rotten wood. 

The auctions are dried up anyways.

The two walls that I had issues with under the dry wall are brick so I'm thinking of exposing the brick since that's in style, cleaning the brick, patching up the missing mortar and painting it with a water proof white paint.