I've never purchased anything for more than 60% of appraisal so this isn't a habit.

Based on my experience you do not have a safe and habitable structure to live in for a tenant at this time.If you force the tenants to live there and they get sick they could sue you for those conditions.Will the insurance company consider the place a total loss??

And as far as the POF, I'm not in the habit of sending such information to complete strangers, especially when they tell me that they know I'm a liar and think that they can dictate my use of this site.

“This puts us in a better posture to handle any type of emergencies that would happen in the Miami-Dade area…This site could be vital as a Logistics Staging Area if you had a hurricane go through.”The new facility will be constructed on approximately 30 acres of the southern portion of the 322-acre Snake Creek Training Site.

My assumption (and that's all it should be taken as) is that you as the landlord are responsible for actually removing the water from the basement and furthermore getting the property back into a healthy state or habitability. 

People need to look at their spending habits and ask themselves where all their money went.  

The Real Estate Guys often say "...every vital function must be funded."  

The Landlord, in every state has certain responsibilities, some of which cannot be shifted to the tenant (to keep home safe and habitable is the general consensus).

Sometimes it's intentional and a lot of times they have bad habits that they just can't/don't care to fix.4.)

But depending on your spending habits it can still be useful.