Inspection. What is worth it for a rental?

[Kevin Wilson]

When buying rentals I am assuming the general consensus is to get an inspection; my question is how many things do you include? Is it worth while to inspect for Radon?, sewer line scoping? Wood pests?

Trying to determine a general rule of thumb to follow when buying properties on what’s worth the money and what’s a waste.

Thanks

[Lynnette E.]

I decide whether to inspect and what on a case by case basis.  IF the house is a full on wreck and will need a full rehab, I do even pay for an inspector, just look myself. 

Depending on the age of the property and county records of rehab, I do have someone inspect the electrical for AL wires, or electrical issues because I do not know anything about that.  

I generally do not inspect chimneys, just plan on not using them (closing them) in the rentals because I buy pretty old houses.

I don't inspect for radon.  Termites, yes, to see the extent, if I see the mud tunnels.

If you re not comfortable determining the condition of the house, you should get a basic inspection.