We have a tons of lots around here like the one you described, many of which can be bought for cheap and are not listed because there are just barely any buyers for such.

Giving away the place cheap only creates more work for yourself screening lower income individuals, and attracts scammers.

The lot I am looking at is near a Dam and the power in my area is super cheap.  

To believe the benefit of cheap labor comes without consequences is absurd.

And investing in cheap homes is absolutely fool's gold. 

All bulk and relatively cheap from Amazon.

Some of the best BRRRR deals I have seen play out this way:You buy a home cheap enough that when you do a renovation and pull out 75-80% LTV, your rent covers your mortgage and you have returned most of your investmentThis is for A-B class areas. 

Defense was just something like I just wanted to buy a part of San Francisco for cheap, I wasn't planning to do anything sinister.   

.#8 I would consider your inspection cost a very cheap crash course in buying long distance investment properties. 

Seller can do cheap cover up fix, then he said i believe it fixed, and by law he will be protected.