Hi Kedric,First of all, congrats on getting this far!

Is this the norm? 

The deals not going to get better because of the questions you ask, but we look for three main things from an investor: 1) Liquitity/Financial Assets, 2) A good credit score, and 3, and this is a big one, Experience.

This forum so far has helped me very much in learning.Thanks in advance  How,? 

Hi,I have been looking at some of the resources for inspecting properties and estimating costs on this site, and the ones I have seen are detailed spreadsheets and multi-page checklists.

This requires some effort and not just relying on a reference from someone or a quick glance at their fees.

@Mian Dingle how well have you thought this through?

I’m looking into buying a rental(s) in this area.

Define your minimum cash-flow to hold this property. 

@Taya Larsen I will tag the original poster like this @Christian Requejo and that gives us a notification to respond.