Inspections may cost more upfront, but they can save you from significant headaches and unexpected expenses down the road.Negotiate Hard: Use inspection findings as leverage.If the HVAC is near the end of its life, negotiate a credit for its replacement.If the cast iron plumbing is deteriorating and needs replacement, ask for a credit as well.Sellers often prefer negotiating credits over doing the work themselves.To give you an example: I was once under contract for an old house priced at $170,000.

Make sure you put in your contract with the GC some performance incentives to make sure the renovation is done on a timely manner.

when you find a deal and want to secure it, you put it under contract.

Hadn’t bought my first property yet at that point.I ended up breaking contract because of the roof but the short answer is that if you are going to rent a room in a basement it needs to have egress.

If you're not experienced with rehab costs, then having a GC walk the property with you and providing quotes is a smart move. 

Myself I firming believe Norada needs to issue those shares at what ever valuation they are so they at least honor that part of the contract.

A fourth got four accepted clients, and during the lease signing, they all bailed and the client smartly pivoted to MTR.

Quote from @Marie Mcfarlin: @Jay Hinrichs funny you mentioned New Western, I spotted a deal with them and the agent immediately wanted me to send earnest without any contract or anything.

I understand that some prospective buyers have gotten under contract but later backed out.

You could also ask if you could do your inspection prior to going under contract and then make an offer without the inspection contingency.