This oftentimes uncovers additional tax savings and allows you to utilize bonus and accelerated depreciation.6.

However, if your inspection were to uncover a few items missed in your initial walkthrough, such as a soft spot in subflooring or an electrical issue, it’s a lot easier to ask for $1,000 here or there compared to a complete $30,000-$50,000+ rehab.The obvious answer is yes, bring your general contractor with you during the initial tour.

Again you have a few flaws in your response mate.First of all I NEVER said that "No buyers...no business" is wrong.

The only flaw in my original idea is that I can't do a VA cash-out refinance, since I no longer live in the house. 

He uncovered issues that I would not have found myself. 

Zillows failure of their iBuyer program is due to their mistakes, not due to a flawed business model.

Should PM take some accountability for the annual inspection fee being charged and have uncovered these kind of tenant issues?

For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

So the number of interest is flawed based on click here click there.  

Inexperienced investors tend to (1) get exited about deals without having the experience, knowledge or ability to properly determine if indeed the deal is good, bad or mediocre, (2) take what the seller says as gospel not realizing most sellers will exaggerate, lie and or withhold vital information to get what they want, (3) engage people who will provide opinions for free rather than pay a competent professional, (4) get emotionally caught up in the deal and very defensive when receiving an opinion or information that doesn’t support their dream, and rationalize that more experienced people who point out flaws are “jealous, negative or haters”.Btw, no one can provide any knowledgeable answers to your questions without first analyzing the deal, your ability to come up with a down payment, your credit capacity and banking relations, if you have a track record, your experience with similar property ownership, etc.