It has enough flexibility to allow us reasonable escapes, should the inspection reveal something unexpected.  

Makes sense that your systems are truly revealed when you end up in a bad situation.

(Thank you oversharers) a quick click over to moms fb page revealed that she worked as a waitress at the crackerbarrel next door.

I want to do a double closing to avoid my profit being revealed. 

A title search revealed several liens against its owner (breach of contract, credit card judgment) as well as multiple Ohio state tax lien against his LLC company.

I'll try to post updates bi weekly; In the past week, the following has been done: --New roof installed just before closing--Light demo completed to reveal hardwood flooring throughout the home, gut kitchen, remove bathroom fixtures, remove trash throughout home and backyard.In the next two weeks we have new framing in kitchen to be done, start some electrical updates, get the half bath and basement back together (those are the easiest) then do drywall patch and painting and refinish floors. 

These are often deal-breakers if they reveal too much potential risk.The loan is another key metric: What type of loan will you have to finance the property?

My guess is neither will amount to anything unless the audit reveals something but I bet it gets his attention-Try to get the Bank to play ball with you. 

Inspection reveals that Air/furnace/water heaters are mostly original and all around are well-well beyond their life expectancy and many are original making them over 33 years old.

The inspection revealed a dirty tenant that apparently has a good rental history.