You want sun exposure to the house and expose any nice views from the home.

This is post I to help expose scam artists in the real estate industry.

Seeing that flashing was not installed, you have water penetrating between the gaps. 2nd photo shows concrete spalling (most likely due to freeze-thaw cycle) and exposed rebar now beginning to rust.

This leaves you very exposed as the cost will have to come out of your pocket once the policy limits are reached.

Anyways, after a year and a half now of exposing myself to info, sucking up any knowledge I could, and taking a few real estate courses at Cal Poly, I took action and found myself a job on the team of another investor who is currently building spec homes in San Carlos, CA.  

Definitely wish I was exposed to RE earlier but I'm encouraged by the vast amount of markets let alone within DFW.Appreciate the kind words @Andrew Jones.

Yes, you're playing with fire, but you're legal, you're also exposed to risks of the mortgage being called due and performance under your contract.....but hey, you're making money, right?

But because you can't really see or even begin to know what's needed until you expose most if not all the bones you're kind of shooting in the dark and can only pay as you go.One of our specialty niches is insurance repair and that says it all.

@Allende Hernandez - My first and probably most important observation - if the property has already been in the MLS (and thus fully exposed to the market) at $210k and hasn't sold, then it almost certainly isn't even worth $210k (if you're correct that "the property needs no repairs at all"). 

Cheap laminate in areas that might be exposed to a lot of water has not worked out well for many property owners.