Marie post and I'd not be incorrect as that class included the state requirements.

We would expect the Master plumber to not sign off on something that is incorrect.

The first investment had an incorrectly built pool in the back yard, and the pool leaked out and created a sinkhole.

If you are going to use MLS--and you should be really familiar with offerings on it, at least to find the going asking rates--and you are looking to buy yourself I would try to look for quirks such as: estate sales, short sales, "dependent on seller finding suitable housing", properties that have fallen through on a previous deal, some rehab work needed etc.

They were $25,000 apart on a $240,000 house... appraisals are guesses/estimates and are often incorrect.

Software won't solve these problems as they are personality quirks.

Adaquate fire alarms and fire extinguishers are installed properly, in correct locations, and confirmed working.Overall I personally wouldn't want a woodstove operated in a rental that I own, they are a bit complicated to run correctly.But at the same time, if the person is knowledgeable about wood stoves, it should be ok. 

The delays in remapping the flood zones by FEMA, in combination with a business partner fallout, as well as having several GCs and architects incorrectly submit permits and plans for approval resulted in a VERY drawn-out project.

The main difference is less personal property coverage for the Landlord policy but also, if you have the incorrect type then the insurance company can deny claims. 

Quote from @Dave Skow: @Jonathan Heacock-   appraisal needed on  these loans ......on " regular "  loans - there are  some  scenarios that will allow a PIW ( appraisal  waiver) ...this normally occurs  when the loan is  owner occupied and the loan  is  with  a fnma / fhlmc  source  Yeah this is an investment property zoned incorrectly (tri plex- zoned as single family) Thanks for the reply though!