Ripped carpeting, empty pop bottles strewn everywhere, damaged walls and destroyed appliances. 

7) Foundation shifted, major cracking8) Wood destroying insects9) Drain line main collapse10) Central HVAC on last leg11) Galvanized plumbing shot12) Under-powered electric system (60 amp fuses)13)  Septic tanks14)  Poor water quality (think Flint, MI); "stinky" water sometimes caused by sulphur* these should all be caught by a professional title searchIf you're new to buying real estate, I recommend hiring a competent professional inspector. 

Simple - The Fed right now is going to destroy the housing market and that is their goal. 

Here in Shasta County and surrounding areas we have a huge demand for housing as so many homes were destroyed in the wildfires.

I am hoping the property management company will handle the hassles for me, and keep a steady tenant that won't ultimately destroy the home, ruining its value. 

I see many fail in this area because the cash flow on paper looks good but when the tenant destroys the place and you have a $10k bill to repaint and redo floors and fix cabinets etc.

Supposedly, both tenants paid on time all of the time according the owner, but it couldn't be proven because the leasing and accounting documents had recently been destroyed in a pipe burst flood. 

Go into this career with a strong safety net or it could destroy you on the first round. 

It will be the wild west, people will be needing to sell, major rehab needed, a whole bunch of displaced workers, refineries down, destroyed homes. 

Just because YOU can't afford to live here doesn't mean we should build to the sky and destroy the appeal of the area.The local governments do NOT want more housing built.