Somebody stole all of the copper piping and plumbing as well as the electrical wiring and circuit board.

While that sounds very alarming, should that be a deal breaker with this type of property?  

Extra caution should be used when making any additions or changes to this wiring.The main electrical panel box appears to be new and recently installed, however it is very loose to the wall where it is attached to deteriorating boards and also has rust on the lugs on old breakers installed inside.

@William O'DonnellYou can have a sub meter installed with a separate breaker box.

Not a deal breaker necessarily, but a risk to be aware of and mitigate.2.

I like the idea of actually highlighting the scammers/rule breakers.

Not to be a huge buzzkill, but you won't find much in terms of nice rental properties in decent areas that meet the 2% rule anywhere in the country right now (which is absolutely not a deal-breaker, there are plenty of good properties out there), but you most certainly won't get it anywhere near SB or LA.

Glad my post helped serve as an ice breaker.

So the good news is that I did the city hall circuit today and found records at the regional health dept to indicate that everything will be fine w/the well and septic.

Where as for someone else maybe the most important criteria is that they do not have to manage the project, property search & tenants.The only deal breaker should be whether or not the deal makes sense for both parties.