Under the fiberglass base or in the wall turning into mold. 

Again, retain your own legal counsel because I cannot give you legal advice.

Or does it have to all come down and be dry walled?

What have I done so far: So far I've found a few deals, asked agents about them, and when the agent says who are you working on finance through I hit a wall. 1) I haven't been pre approved by anyone. 2) It seems during all of these podcasts/videos on BP they say "just make an offer" so I get tripped up when I actually get asked where's the money. and 3) well..

& I have a wholesale mentor who can help me out if I run into a brick wall.

Look at the walls and see if it will need drywall repairs, texture coating or just new paint.

So have a blessed day....That same saying was on the kitchen wall in a house I bought at sheriff sale ...So I think you have to be somewhat willing to handle some of your own problems on a day-to-day basis ...Oh, and for reading, that same house had the book titled "A Day Late and a Dollar Short" - they really should have written the sequel: "A WHOLE Lot More than a Day Late, and a WHOLE Lot More Than a Dollar Short" :D

I believe there is slight space--maybe an inch-- betweeen the sides and walls (1/2" each side)I don't think it's a problem, but what do you think?

It's big, has a stone wall around it, bunch of gravestones, gotta be at least 60 graves there.

And DO NOT install a "soap dish" or other "shelves" on the long wall and/or in the corners.