For small MFH/SFH you have to find the deal, inspect, estimates and decide what to do, make a deal, get financing, get contractors, manage contractors, pay contractors, then turn it over to a property manager.

We came in low with our offer, but were willing to skip the inspection (which had already been completed before we offered) and stipulated that we would close in 20 days, which was super valuable to the seller.

Just be cognizant of point of sale inspections on some of these neighborhoods and inevitable lead certs.

The city was due to come in the morning for reinspection, and the plumber was willing to go back prior to the inspection, but the tenant wouldn't answer my messages when asked if she'll be home.

Be sure to have the gas, water and sewer lines inspected as these may be dug up or collapsed - and very expensive to replace/repair.

Jan 2023: Slab poured and inspection passed.Next step - concrete blocks to be delivered and work to start going vertical.

I make sure there agent get's the inspection and quote reports with all this because this "mother fk's" them.

Three out of the four units are section 8 CHA tenants, so the rent is on time each month, but we have to do an inspection every two years.What is the condition of the property you are looking at?

@Ken Almira don't buy a Florida condo w/o checking that they've passed their engineering inspection and their reserves meet the new requirements.

There is one exception to this rule for VA borrowers, but it requires additional inspections to confirm the home is functional after having been moved more than once.There are some additional guidelines or requirements for the manufactured home itself that us lenders might have to satisfy prior to closing.