If there is one argument for "going big" on your deals, I would say that it's easier to find team members that are really good at their jobs.

If the expenses are less than 30% most likely they've left out a bunch. (30% is on the lower bound - expect higher) Or mom and pop are doing the work themselves and not counting it.Cap rate can be the siren's song inviting you to doom since the story it tells is sometimes incomplete.Check out what your Year 1 Yield on Capital is (so you factor in all deferred maintenance and cap ex - all your equity, not just the 'price').

If you waive the inspection, you forgo that expectation.  

Now if you put them up or let them use your bathroom in your absence I can see that they forgo the rent credit but if you do nothing then they are entitled to the rent credit.

What is your motivation for going independent as a broker?

I’m a newbie investor and as of right now, my ultimate goal for going into real estate would be to build a passive income for myself.

Just kidding, thanks for going back to the old layout.

With the majority of Americans living paycheck to paycheck this is just not going to be possible for them, and they will end up defaulting which will lead to a huge influx of foreclosures.Brick and Mortar Jobs - Consumer confidence is at an all time low for going into buildings and doing business.

Thanks for going into detail and explaining it to us. 

Or a song.