Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

As a result, I unfortunately seem to have a default setting of “you will fail” and “just maintain the status quo” which is at great odds with my natural self which seems to analyze the world and seems to see it differently than most individuals.

Things naturally break down. 

Need to check your state laws, some states you do have to disclose of the murder or murders, and suicide, natural death you don't.

Any flippers or buy and hold investors have prevIous experience doing this in other areas after natural disasters?

They are mostly wanting to do improvements themselves like a new privacy fence and sod things of that nature.

I get into a deal, and then after natural or forced appreciation I do a cash out refi to pull my money back out of the deal. 

Most of the time, such increases are legitimate (e.g. increased natural gas cost for heating a swimming pool).

If the existing cabinets are natural oak, they may be considered outdated.

That is the amount of coverage you need if the property burns down or is hit by another type of natural disaster and needs to be repaired back to market value.The value is based on the type of construction like brick versus wood framed.Saving yourself a few dollars will hurt when there's a big issue.