I just put my first property, a duplex, under contract and got the inspection report back.

If we don't get a permit then does the inspector for the CO ask for it when he/she comes for inspection?

Offer waives inspection periodThoughts? 

Just make sure you go over a few things - 1.Go over inspection report in detail in the event there some things called out that you can address with your neighbor. 2.

If you place the right tenants consistently, you will rarely have problems.Here's a detailed guide on how to screen applicants: Application Screening GuideSecond, consider inspections at least once a year, preferably at the mid-point so you can catch damages before they get too far.

Did you fail to get a home inspection?

The terms of the financing (interest rate, balloon payment timing) need to make sense for your exit strategy.I would recommend getting a detailed inspection to ensure there aren't any major issues you're overlooking.

There is/was lot of downside potential to buying before the inspection but I can’t think of any upside. 

Waive the stupid inspection, but still get one.

A little context: the building is structurally sound and they have done major updates such as septic, generator, and sprinkler system, and all mechanicals are recently inspected and tagged.