inspections for apartment complex

[Mike Dymski]

When I purchased a 25 unit complex, I did not have a good solution for the property inspection (spoke with a bunch of brokers and inspectors). My options were (1) $50/door from a company that I felt was going to use a checklist approach and not focus on the important stuff and (2) $225/door from an SFR inspector that I have used before and is good (but would be costly). I have a 4-plex under contract in the same complex and took a different approach with this inspection. I asked the SFR guy to do a mechanical/structure only inspection with no report and bill me hourly and I met him for the last 30 minutes to go over findings. Perfect solution and one that I can scale for larger properties. I don't have enough scale to where I currently have a single contractor that can walk/inspect 25+ unit properties; so, this guy will work in the interim...maybe permanently. Just thought I'd share in case others have run into this challenge.