You get a loan for what the inspector mandates that you have to fix.

Hopefully you hold title in a tightly maintained LLC, that's preferably NOT a 'sole member' LLC.However, it does need to be addressed immediately, a local investor friend of mine just got nailed $2000 for failure to clean it up on time & his units are empty, & he can't rent the units or sell them until its done.It appears that his local Bldg Inspector was roaming the 'hood for violations & had several local landlords in housing court.Lead Paint ramifications are a serious issue that is haunting our local landlords, esp the uninformed.good luck & keep us updated...

Currently employed with the city as a commercial and residential inspector and plan reviewer, and can build or fix about anything as well.

, BP members in the area, Local RE agents and property managers, home inspectors.

Jason Brooks , we just had a whole hour on septic systems from a septic installation and title V inspector, along with a design engineer.

Three months and a judgment against the property due to its condition later (and us threatening to walk away from the property) we were finally able to close - just one day prior to the county inspector doing a walk through to determine if the property is salvageable or must be condemned.

Here are my questions:I've already met the tenant--when I do a property inspection, I like to be physically present in order to learn about the inspector (if they're new), what to look for, and to inspect the tenants/get a list of "issues" from them.

Also, the yearly inspections can drive you nuts as they change inspectors and each inspector has little nit picky preferences, and they stop paying your rent if you don't comply within their time frame, in my case it's a month after the inspection, and they don't care even if your repairman had to reschedule or wait for a part to come in.

Also remember that a good home inspector during the due-diligence phase is worth his weight in gold.

There are 10 Hotspots...http://www.inman.com/reports/global-buyers There is an association you need to check out for resources...Asian Real Estate Association of AmericaFounded in 2003, the Asian Real Estate Association of America (AREAA) is a nonprofit professional trade organization dedicated to promoting sustainable homeownership ...areaa.orgWhile here check out 3 different local REI club meetings, connect in advance with the President and vendors listed to get going.Go to a couple of landlord association meetings, look for distressed owners.Remember you are here to build your team, realtors, attorney, inspector, property manager, bird dogs.Follow below to get a better head start on the REIA meetings.Paul