. 🎉 I’m still finalizing things with my lender, but before I move forward, I want to be 100% sure I’m covering all the key steps.Here’s the checklist I’ve put together so far:Home inspection – to catch any hidden issues.Appraisal – to confirm the property’s value matches the offer.Financing contingency – securing my loan approval without surprises.Title search – ensuring there are no liens or legal issues.Seller disclosures – reviewing any known problems upfront.Neighborhood research – making sure the area fits my investment goals.Are there any crucial steps I’m missing or anything you think I should focus on more?

You will not get all of the liens confirmed - there can be HOA liens, tax liens, utility liens, anything.

How do you confirm that the person at the corporation is authorized to sign a lease on the company's behalf?

I was reading a lawsuit of one where this happened where the person was getting a 40M LOC and had to put 5% in for interest reserve. they took $8M from their fund wired the money and never got the LOC.

Buyer is encouraged to conduct inspections to confirm the property, including the electrical system, meets their expectations.3.

Will monthly rent cover all expenses and provide additional funds to set aside for reserves?

@Alexander F PollockYou may lose a tax benefit of a stepped up basis for capital gains purposes transerring interest away from her parents.Also consider conducting a judgment searches on all parties to the transaction to confirm there will be no title problems for would come up when the LLC sells in the future because you will not have title insurance to cover prior owner issues.

I think you have about 90 days to move into the property for an owner-occupied loan but I am not sure if that differs between FHA vs. conventional - @Zack Karp or @Jose Valdovinos could confirm that...Either way, I'd follow the advice of others above...give the seller two or even three separate offers that work for you. 

Welcome to BP @Cory M.Your approach to starting with a single-family or duplex and gradually scaling up is sound, and focusing on cash flow and maintaining reserves is a prudent strategy.

Just this week I sent an e-mail to her caseworker to notify the HA of our pending lawsuit to obtain a judgment for what she owns, and the caseworker confirmed that she will place the voucher on hold until the outcome of the court case, which prohibits the tenant from leaving until I confirm she is in compliance with her lease.