IN WA, seller needs to fill in Form 17 (disclosures) unless a buyer specifically waives it.I'm assuming you're hiring a competent inspector anyways, so I wouldn't worry much, however, it is that much less recourse if something that is not patent (like he buried nuclear waste onsite) shows up later and wasn't apparent to an inspector.Sometimes, like on a foreclosure, a bank may not make a disclosure and issue only a "special" warranty deed.

I'm well aware that the having the PM and rehab company be the same team is like a mantra here on BP, but we have lived through it, and that argument is patently false.  

There is a way to raise capital from both accredited and non-accredited investors now, and I have a patent pending on it.

If I am patently wrong, please note.

You nailed it - it even has a US Patent Pending!

This company also has a patented rubber band that came with the hangers.

I was watching the Fein version for a long time but couldn't cough up the $300+ for one, the patent finally expired and there are going to be a bunch of cheap knockoffs on the market.

I guess a patent attorney or whatever.  

Which is patently absurd*)My thought?

There are 2 types of disclosures patent and latent Patent disclosures are one that are obvious to anyone who view the property These type are usually disclosed on the mls listing.Fire damage,mold infested,chinese drywall,illegal conversion,etcThe latter type of disclosures are disclosed,if you have or had  knowledge of  during the due diligence period after an offer has been accepted .As a buyer you also make your own discoveries after an offer is accepted and then use both latent discoveries in your negotiations