You are right, when the inspector mentioned the possibility or prior water damage is when you should of had that basement inspected by a contractor/professional and not listen to your agent.Gregg is right, the sellers were aware of some of the damage which is why they gave you a 5K credit. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

If you are going to start BRRRRing in Philly assemble a team of real estate professionals who can help you with market analysis, location, title and financing.

And my IMPRESSION is that with MTR you are getting 1) traveling professionals (nurses) 2) relocating professionals 3) Insurance company temp housing for claimant remodels. 

Then talk to a qualified, professional QI like @Dave Foster.

As I reside in Palm Bay, Florida, approximately three hours away from the property in Jacksonville, Florida, I'd be forever grateful for any recommendations for local professionals who can bring my vision to life.

I also run a cleaning business in Las Vegas that works with a lot of real estate investors and property managers, which has been a great way to meet industry professionals.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

. :) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Experience depends on who you deal with - the cleaner the loan file and more organized your paperwork the smoother the process with any private lender.