I walked a couple of investors a few weeks ago when I started to try to penetrate the residential market, there are three issues that I encountered, 1) most of them don't know what they want, not even a floor plan with scope of work, which renders the bids from us contractors like comparing an orange, an apple and a rotten grape. 2) They want the best contractor with the cheapest price, the best quality and to be done yesterday.

Sounds like it happened due to moisture and not proper gutter drainage.

Moisture level in the crawling area is 20%There is a crack on the ceiling but there is no crack along walls.

As a value add and opportunistic investor my strategies for market penetration have traditionally swayed away from capturing a simple spread driven yield.

However they said that the tenant's furniture was in the way and preventing them from completing work necessary to eliminate moisture.

Several in the thread have pointed out that they didn't think the romex alone could be causing the problem, but my (admittedly uneducated) guess of what is happening is that the line has already degraded and is exposed to the earth, and occasional moisture which is causing the issues.I contacted the sellers construction manager today (he did some other work on our punch list and was an all around good guy), and waiting to hear back from them.

Michael- " The moisture content of the stucco was tested on the north side of the house with a non invasive moisture meter.

It is likely caused by condensation resulting in moisture.

Depends if you did that kind of stuff before.My biggest issue would be the roof "wave", that's a marker for moisture invasion and more. 

I had a contractor come by and he said there are cracks on the walls and a lot of moisture, most likely floor cracks as well.