Often this simply means "normal leasing" as it's for your average year lease.Anyway, my current tenant is paying the rent via an insurance payout due to their home being destroyed by fire. 

The identities of the parties involved have not been disclosed so that they can take full responsibility for destroying their own reputations.

VA loans use similar appraisal rules with the addition of a mandatory "wood destroying insect" inspection.If a home fails a USDA, FHA or VA inspection, the seller has to make the repairs or the sale will fail. 

Especially if it's a retail unit, if it's a destroyed shell of a house, then you get more room to negotiate, but if the current house condition is worth 140K, then buying at 70% of actual value is quite unlikely.

My ex-wife destroyed my credit while on my last deployment and I'm still building it up.

One house I looked at cost over $60,000 to fill and it destroyed the value.  

Get those good tenants in the property who will not be looking to potentially destroy your business. 

You rented it out, and then in future the home gets destroyed by earthquake?  

I can easily afford to buy a home to rehab at $180k or less with $50k to spend on the rehab, these numbers can fluctuate.I have been checking the market a lot and seen many houses that seem to be structurally sound but cosmetically destroyed for under $200k.I do not have a good work history being that I have been in school, I worked odd jobs until I came into money and took the opportunity to get a degree. 

If you "missed" something, it could destroy your profits.