That money has to come from somewhere, so I reduce my offer price and let the seller cover some of that cost.When analyzing a purchase, I also include a monthly allowance in my own pro-forma to cover maintenance and upkeep.  

It is something you need to form a personal feeling on to find what works best for you.Another consideration is how “easy” can you come up with cash to solve problems?

We do move every couple of years as we are in the military.We think we need to form a LLC in order to protect ourselves.

Thank you for sharing.I'm hoping to form a JV and take lead role as the deal finder, reno project Mgr, etc.

As Jason pointed out, any real estate closing attorney can provide a copy (and addenda) and if you have form software, it will provide a fillable PDF form as well.

I believe it would be more beneficial to create a pro forma cap rate based on what you think your income and expenses would be and determine if that is acceptable to you.

Are you flipping or is it long term cash flow, what is the exit strategy (fix and flip, Refi, long term cash flow etc) this will help you to form a strategy for finance.

Where it does affect investors is those folks who have an older building that want to evict and renovate and base sales prices on those pro forma numbers.

In this form a “material defect” means a condition that would have a substantial adverse effect on the value of the residential real property or that would significantly impair the health or safety of future occupants of the residential real property unless the seller reasonably believes that the condition has been corrected.I think you have an uphill battle, unless the information from the foundation contractor shows it was still a problem after the repair, especially since you got a home inspection.Just my opinion.

Definitely form a strategy and build your network.