See below, the contract reads  "  ... by one or more licensed or certified inspection services: home, radon, environmental, lead-base paint, lead-based paint hazard or wood-destroying insect infestation." 

Furthermore, we don't feel comfortable accepting liability after one of the partners told us they would not be properly capping off exposed live electrical wires in the wall even though we advised them it is a hazard and you cannot just "plaster over it" as he said he would do.

I'm 19 and about to buy my first 2-4 unit apartment but haven't yet, however if I could of went back a few years with everything I've learned now just make sure you're always learning, reading, etc, don't spend your money on stupid things like cars and clothes, if you get a job and keep saving you should have money for a 5% down payment on a property by 18 or so, if you're going to college you can buy a 2-4 unit (duplex-4 plex) or a cheap house and rent out the other rooms, that can go in general too not just with college, and don't buy a brand new car, get at least 3 years old because a car loses 40 percent of its value over those years, you can get a very low mileage older car if you hunt for it, new cars are financial suicide to young people, ideally don't spend more than 10% of your income a vehicle per year, that may be hard depending on what you do, and invest every penny you can while maintaining a safety net (at least a couple thousand dollars to cover expenses, etc) that way you don't have to pay abhorrent credit card interest rates.etc

Safety.

As soon as you can comfortably change the exterior door locks for safety reasons.  

Some safety basics: Keep a safe distance between the grill and the building.

If you mean the mortgage underwrite, it needs to be a complete and functional home with no apparent health or safety issues.The bathrooms can be old, nasty, and gross, but they must be complete and functional. 

As stated earlier you can also get the legal description from a previous deed, which should match the title commitment.My deed references a vendor’s lien so that’s what I use.I don't believe referencing a vendor’s lien in the deed is crucial, especially on a "friendly" loan, but for a third party loan from a traditional lender it is a separate safety precaution to clearly show on the deed.

@Jeff Stith,Appreciate your service to law enforcement and our safety!!!

I know In California for residential properties you need a transfer disclosure statement, lead based paint, natural hazards, etc...but what about for vacant land?