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Updated about 7 years ago,
Inspecting a Property As an Out of State Investor
Hi-
If I’m a buy and hold out-of-state investor making offers on properties, at what point in the process does it make most sense to send a contractor or an inspector to inspect the house in order for me to determine the approximate rehab costs? Would it be right after I receive a counter-offer?
Second, what instructions would you give the contractor/inspector to ensure you get the most out of the assessment? Keeping in mind that a contractor may exaggerate to make a house seem it’s in worse condition than it really is.
Thanks!