Housing prices are cheap so everyone bought a house and turned it into an STR, and there’s way too many STR‘s.

When HUD as the owner, and looks like not much equity in the deal if I'm understanding this, probably not much opportunity to get a deal below asking price? 

The seller is in a unique situation and may be willing to work a deal with me that would help me make this possible.

Purchase price: $440,000 Turn-key wrap deal at 0% interest!

(on things like flooring, cabinets, remodels, siding etc) I want to hear thoughts on going as cheap as possible, making the house look "high end" (possibly attracting higher end renters and charging more) or somewhere in the middle?

Nothing here is cheap.

For flipping homes, you can do that in SoCal - IF you can find a deal which is very hard these days.

Hello Sir, when I get a wholesale deal that meets your budget will it be ok to contact you?

By that I mean issues arise that may not necessarily be your fault and when they do and a claim arises, the LLC not you personally will be listed as the defendant (unless you are dealing with a scummy attorney which is extremely rare regardless of what those using scare tactics to sell expensive asset protection systems may tell you).

You might also ask the title agent you're dealing with if they would be willing to issue an endorsement to the policy changing the name of the Insured to your LLC and if so, what would it cost.