Stark Tor is a tear down.

It doesn't work if it costs more to fix (or tear down) that deed auction property than it would cost if you bought a fixer upper that you can walk through and inspect beforehand.

The house appraised at value, however the appraisal came back with the following requirements—fix the cement on some stairs, either reside or tear down a shed in the backyard, and prove the well and septic are far enough apart.

I hit rock bottom early on with tears and a little tantrum of "I can't do this anymore"; I thought couldn't go any further and that he would have to go at it alone. 

Wondering if it's better to save time a possibly money to just tear it all up (which is sad cause you can see they used to be nice once).

We plan on tearing out all of the paneling and potentially the sub-floor to lay down new, and we had a Sherwin Williams rep suggest some kind of urine-smell killing agent to spray the ENTIRE inside of the house with, but how do you typically handle a cat pee house, investors?

We would not provide them if the tenant signed the lease without them.As far as a leak goes, I would charge the tenant for coming out to fix damage they caused.Hanging things is normal, its likely part of normal wear and tear in most leases.I would be very strict with the pet, and also strict with late payments, and let that drive the conversation. 

I will post more on the rehab after we tear into it.

Covers non-wear&tear damage they may have caused.

I mean they say the cost to tear one down is 15k.