That means your equity has little to no value...and is dead, when it should be worth 5 times its face value. 

I've just been using in stock brown home depot cabinets, seem to be ok, people seem to like them but I'm wondering if white would be better..

The maintenance person found a person dead on his living room floor. 

If it was so dangerous everyone you know would be dead.

Charles Schwab says the stock market returns are expected to be 6.3% annually for the next 10 years, so 7% is e-z money for them. 

If the investor can make the same amount of profit in the stock market without having to do all of the work of rehabbing a property, why would he take the risk of buying the property?

Therefore theirs less housing.This is unless the government starts building cheap housing and that's not happening either.They need developers to create more supply and investors to fix up old housing stock (BRRRR method etc) and revitalize cities. 

If the place is substantially clean and only needs a quick re-sweep, and maybe there's one dead bulb or something, I generally skip it because it's not substantial.

I ve been able to get a house around 80k and ARV 375k ... or even another scenario purchase  145k  wholesale 289k and buyer sold for 575k ... win win  for all , the seller , need it probate on a sudden dead siblings on other estate and elderly , no time for fixer upper, it was a win win  for all.and the cool thing , having first dips while acquiring the deals , if is juicy enough you can get it for yourself. also develop great relationships with other local investors , ( a great happy community , cos everyone is making money   and also providing solutions to distressed sellers) .   

Your furnace dies , the neighbors report a dead hooker in the backyard , you got bed bug roaches or termites everywhere some crack head broke out the windows and spray painted helter skelter on the siding!