You can also put an inspection contingency, so you can renegotiate or back out if issues arise during inspection.

The house is liveable and the settlement is more of a cosmetic issue rather than a safety one (for now at least).

@Dave Foster you are a genius at this I can seeI have a similar issue, so a followup to your answer: what if I don't own the entirety of the LLC that owns the 1031 exchange parcel property and is going to have the improvements?

So if you don't have the work history, it's not an issue. 

Had Insurance thru Mercury a Commercial account with 6  sfr properties and have been canceled because of safety issue . and was fixed but not in the time frame they wanted. and they canceled  me completely. 

We got beat out by other buyers on the deals that worked, we went under contract on 2-3 duplexes and backed out when major issues were discovered during inspections. 

If lived all over Dumas, San Angelo, Hondo, Odessa, Houston area (Sugarland area and around Fort Hood.The only part of Texas I haven't been to is down South by the border line McAllen Texas.I think the issue with investing in West Texas is that there is not much of a shortage of land and the population is not very dense so that brings another set of concerns for me.I'm much more aligned with a lot of Texas' economic policies but I'm not as bullish as some others on the next few decades there.Also, it is sooo hot 🔥 the hottest I've ever been in my life has been Texas and I lived in Honduras for two years so I think I have a good point of reference.

If I get exhausted from that, I'll pivot. couple issues with the Oregon coast..

Some issues that I am seeing.'

Wish I had more luck with the manager companies.I just don't want to keep using cash to fix- cover any issues that come up now.