But this current property is in REALLY bad shape, Severe water damage, wood rot, Hole in the roof you could drive a car through, possible mold, etc.

Also, they have not explained to me what caused this issue in the first place other than saying the soil quality is probably bad.I am wondering if anyone out there has hired a structural or geotechnical engineer for a single family home and what their experience was.The property appears to be in an area that might have an elevated water table (not sure though), so from doing some googling, I am wondering if I need to install a sump pump and underground drainage in addition to fixing the current foundation issues.

Grading costs will depend on storm event conditions and drainage features.

Look for holes and be prepared to deal with violations that aren't covered by it.You may want to get an estoppel certificate to ensure the terms are as presented.

Thus work done such as "repair cement steps, refinish wood floors, patch holes in walls, and paint the interiors and exteriors of the building." are added to the basis of the property.

Redbud is the name of the 16th hole at August where Tiger chipped in so yes I'm a huge golf fan and a 5 handicap. 

You can still build just need to find Black Holes. 

CA Hammers you ..so take a 500k purchase  and CA state sales tax at 8% that's 40k then the use tax.one reason why the HIGH end motor home industry is based here too.. no sales tax on 1 million dollar coachs but folks that have those know all the loop holes.

-Painted multiple rooms and touched up all holes.

It's amusing until you realize there is no drainage built anywhere!