You'll likely have inspection related repairs every year.

Yes, if you are confident in your numbers....particularly the repair/reno numbers. $20k is not much and will be eaten up real quick.

if there is lots of interest, they can say to you "that's a nice list of 'issues' your inspector found - give me asking price, or find another property. i'm not making any repairs or lowering the price."

(My contractor often just answers these calls and makes the necessary repairs without me ever knowing).

However, since the repairs took a few days and the appraisal took even longer, the loan came out of underwriting.

That means if you could get $6,250/mo, have zero repairs, zero maintenance, zero capex, zero vacancy, provide zero lawn/snow/landscaping, pay zero utilities, and pay zero management.

There is no compensation, I am responsible for moving the storage building, there is no mention of repairing my asphalt driveway, and most importantly they state the north fencing will be taken down and not replaced as it is encroaching on their property.

She bought a condo with lower-than-average dues, but a few months in, the HOA announced a special assessment for roof repairs.

Sellers generously accepted because they know some things need repair.

We offered 30K under asking and got it under contract, after the inspection we were able to renegotiate another 10K off of the property due to repairs needed.