My advice is to ask for the moon at first, and if the phone doesn't ring you know to lower your price or alter the terms.But truly, If the rent is $795 and the owner passes through a charge of $75. then that is really no different than rent that is $870 with the owner paying all utilities.

Those factors change your purchase strategy and can dramatically alter what your cashflow would look like.

Know how to play the game, and you can find generation altering success.

The owner is going through a move, or a divorce, or some other life-altering decision, and needs to offload the property.2) Flippers.

Fan blades never seem to get cleaned and it's a mess if there's a fan in the kitchen (the combination of grease and dirt on the blades cause an interesting challenge in cleaning between tenants).You can alter them to be RF compatible...buuuuut a new cheap but not dated looking fan that doesn't have a pull chain is only $90.

I’m trying to decide if I want to sell a house or turn it into an STR…in renovations now and the answer to that question will alter the finishes I put on the project.

Meanwhile the home is ruined with structural alterations, illegal wiring, mold problems, the works.

As I said the lease that is in place is not even remotely close to something I'd use and the only language in there about any alterations are only in regards to the building itself or "construct any building or make other improvements on the demised premises without the prior written consent of Lessor."

They look at some on line pictures from 3 years ago and decide to bid.At one tax sale bidders were stumbling all over each other to buy a house that had burnt to the ground the weekend before but they didn't know it.At one sale somebody bought an Army bombing range, lots of luck with that one.At one sale a row house's 3 story back wall was in the back yard, people were competing to bid on it obviously never having seen the back of the house.At one sale of a nice suburban house, the owner occupant had removed all the electric wiring cutting holes in walls and ceiling everywhere in the house, because he felt electricity was altering his brain.At one sale roof leaked for maybe as much as 7 years, but the flat roof could not be seen from the ground, hardwood floors were heaved as much as 1 foot and mushrooms were growing in the all to wall carpet. 

The bank's addendum will pin down the inspection interval to whatever the bank deems as their standard, and the bank is unlikely to alter their addendum.