Maybe this is the walk-through inspection.

Mandatory inspections are not uncommon.

And that deposits are for after move out inspections.

My main fear is that I've underestimated my Opex assumptions or will miss some major issue during inspection that will turn the deal into an alligator property.For the last 4 months I've been stuck in analysis paralysis and haven't been able to just pull the trigger on a deal.

All inspections were passed first time.  

Then bring in tons of fill dirt and compact it, with inspections along the way.This can cost $5-10k, so I'd just put those same dollars into turning it into an asset.

Maybe ask city inspectors which contractors have the least problems passing inspection?

In my experience the basics for a functional RE based CRM are:Custom Fields for Data Objects (Leads, Prospects, Applications, Buildings, Units, etc...)A Screening Engine (background/credit checks, employment verification, etc)Online Rental Application (this should automatically run the application through screening)Ability to mass email/sms leads and tenants to provide informationSurveys/Inspection formsI've been building real estate CRM tools for years.

You can step in and walk thru for the final inspection to get occupancy.What is left to do?

Just like anything it comes down to doing your due diligence and inspecting the property before you buy it so you are aware of the age of the capex and all the mechanicals.