If it's a latent defect that's uncovered during a thorough inspection and the buyer wouldn't have been able to determine it before that time, then I think those are reasonable requests - even if they are expensive. 

After listening to one of the BP podcasts I also uncovered Paynearme.comhttp://paynearme.com/en/businesses/industries/auto-lending/property-management/?

I'm sure there's also asbestos and many other "surprises" to be uncovered. 

While the title search should uncover any liens associated with the property, you also want the protection that the actual title insurance policy gives you in case something is missed.

Here are the costs to address the issues uncovered by these experts: 1.Wood floor and wall in the middle unit: $44,000 + tax + $2,800 for permit, but engineer report is needed for a formal quote.2.Roof above the middle unit: $8,000 + tax + $800 for permit + ply wood;3.Sewer line outside the building (see estimate): $7,365 total;4.Sewer line inside the building (see estimate): $21,663 total;The total cost plus 10% contingency is equal to $100,000 in repairs that I cannot afford to pay and still be able to fulfill my obligations to you and to the tenants that will have to be displaced for the duration of repairs.In addition, the appraisal came in at $275,000 that is considerably below the $340,000 number.Proposed solution: You will complete all the electrical repairs and ensure all three units are brought up to current code including the outlets.You will have the stucco repaired on the exterior that was damaged by the electrical proof.

That will get the city out to look at the house and hopefully uncover anything.3.

It could just be some lipstick on a pig and you still have a number of uncovered issues.Happy Investing!

For right now, I can tell that you still need to uncover more details about how to invest, and how to ANALYZE WHAT IS A GOOD DEAL AND WHAT IS A BAD DEAL, AND EVERYTHING IN BETWEEN.

The home inspection should uncover any sins the property may be hiding.  

If you uncover that answer, it may shed some light on the investment (maybe it's good info and it satisfies my skeptical approach)I have found the biggest three seller motivations (with landlords) are:1) Tenants are subpar and current owner is tired of managing (in this, you're inheriting headaches, eviction, and much higher repair costs than you expect). 2)  An estate took over and just wants to get it gone (in which case there is probably a back balance owed that needs to be flushed out along with a general lack of property knowledge). 3)  My personal favorite: the Owner bought via tax sale deed (and therefore does not want to be a landlord, just wants his investment + reasonable return).If everything checks out, it sounds like a great deal bud.