Not to flare up another thread, but I called it as insurance fraud from the first day.....the video just comfirms it. Guy is not a rich guy out looking at properties, he is just a car dealer that got caught dumping a car in a lake!
The car is owned by Andy House, a Lufkin auto salvage company owner (buys, rebuilds then sells insurance totalled vehicles for a living). Guy has owned this car for less than a month. Wreck car, get insurance settlement and fix it for less than that amount and sell car while keeping the "profit."