If you are upfront and communicate with inspectors you won't have issues.

My wife and I purchased our first rental property here in Maui in June of 2023 to use as an STR as it was a consistent market, numbers worked, and we live 5 minutes away from the property so self-managing made sense! 

.- Communicated Findings: Informed you promptly about any POS violations and discussed the implications.- Negotiated Solutions: Worked with the seller's agent to determine whether the seller would address the violations or if you would need to assume responsibility, potentially negotiating a price reduction or credit at closing to cover repair costsWhy You Found Out LateThe fact that you discovered the POS violations only five days before closing suggests a lapse in communication or oversight.

I also recommend you start figuring out how to terminate a lease when the tenant is consistently late, or how to evict if they fail to pay by a certain date.

I am right behind the other Jonathan (@Jonathan Greene) the best one is the one you can use on a consistent basis.We use hubspot for our general contracting business because we believe in the long-term growth potential it has. 

To overcome these challenges, many borrowers focus on building strong communication with lenders, providing clear and detailed exit strategies, and ensuring thorough due diligence on the property.

This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".

Communicate, treat everyone with respect, and provide ample time.

Communicate with the family about the belongings and when they will come to get them.    

@Adria T. the PM company has to communicate, get a tenant in quickly and be able to handle items that are unforeseen..