With regards to the structural issues and really any other noticeable property defects, if something is visible and obvious on the initial viewing then you should not expect additional price reduction after inspection. 

Flooring, counter tops, cabinet doors, hardware, and paint chips and some things I can't even identify.Anyone have some good methods for dealing with this madness?

I think redeveloping old lots for off-site built structures is going to be a thing.

Per my home inspector - "The inspector found damage from anobiid beetles in the structural members of home in the crawl space.

I have tried with two smaller lenders(National Bank of Arizona and OneAZ Credit Union) and they have both dragged it out for several months before deciding they wouldn't do the loan for what I perceived to be fairly silly reasons(Management didn't like that the tenant had only been in for 1 year, Management didn't like that the structure used to be a residence, management didn't like that 3 years ago I took a loss in a completely unrelated business etc.)I am hoping that someone out there has had some success purchasing or refinancing commercial property like this in AZ and can put me in touch with someone who actually completes deals like this.

Sorry. I didn’t mean to double post but I can’t delete the forum.

Hey BP, I’m looking for any advice that an amateur investor like myself can use in order to locate and determine a less expensive market in my general area where I can purchase and rent out my first property. I...

Structurally the house looks sound will need all new insulation, electric, plumbing, and probably plumbing.  

I am sure it can be structured somehow to work though.

It is the only entity structure whose rules allow the business owner to take a “reasonable salary” (subject to social security and medicare) and then take the remaining profit (often as much as 50% of the remaining income) out as distributions not subject to self-employment taxes.