You never want to fix a house "so well" that the inspector cannot find issues, because they will poke holes in walls and leave them.......burns me up! 

The 1031 exchange is being debated in congress as many law makers see it as a loop hole for the rich.

Can companies come in and drill small holes to spray insulation?

The roof has several holes in it, old water damage with large spots of rotted wood, and several boards completely collapsed in the roof and the gutter is sagging among some of the highlights. 

Tim, you are about to dig a deep hole without handles to come back up.What is the price he is selling it to you for?

.$5,000 in the hole just months after purchase.

You are describing the exact reason for insurance, to help cover you for the things that could happen that you can't necessarily identify right now as a risk.It's not just objects, or sink holes, you left out all the liability you have for someone being injured on your property.No insurance is the higher risk/higher return strategy. 

However, our cheapest property is valued around 200k, in some areas this wont buy you a hole in the ground but in Texas it still buys a pretty nice home, so the expectations are a little different.

I am just getting started in the real estate investing industry, I have limited monetary resources at this time to buy real property in my home town of Los Angeles, CA, so I want to buy real property in another state were the property is much, much cheaper, and rent to government housing candidates.

After the sale when he got in the former owner had ripped out all the wiring and there were holes through out the house in walls, ceilings and floors, and the former owner was still living there.B.