Night Before the Exam dot com is a good state study test if they have it for your state.To be clear though, the majority of what you learn in the class is not used by residential real estate agents in practice.

Thus, I am interested in suburban space near major cities, not the downtown inventory that is trading for pennies on the dollar, but often involve massive office complexes that will have huge holding costs until they get leased up. 

If a major expense comes about (i.e. roofing repair, hvac, etc) we would split that as well. 

Capex is usually lower, around 2-5%, since major replacements like roofs or HVAC systems are far off.

to me I view an inspection contingency as you do it and if something is wrong you present it to the seller and say "hey fix this, reduce the price OR if it was major and really bad just walk away".If no inspection was done, then its unethical but reality is its not worth a seller to sue over it.

However keep in mind you want to showcase your property’s strength so if the land or aerial view is a major selling point, consider leading with the overhead shot. 

It is very close to two different hospitals, and a mile or so to downtown of a major metropolitan city.

The last two tax lien houses that I got and sold had major plumbing issues.

That is not anything we have done along these lines, and have not had any major problems. 

it really is a major pain in the butt.....at least that's my experience.