If so, of course the inspection is for informational purposes, that's silly, the 5K limit is a concern, that should be left to your discretion, I'd not go there, I want it inspected any significant matter gives me the right to drop the deal.If it isn't a cash offer and you are financing, the lender's requirements will trump anything that seller adds, if you don't have the funds to repair and the reserves they require, they can require it repaired of they pull the loan rug out and you're not at fault.Don't assume anything about contributions here on BP, being a great person on the internet, having a "good" reputation here is no excuse not to do your due diligence, just because someone may be loved and admired doesn't mean they know what they are doing, in fact, might be a good reason to look closer.

My beloved and I found a real estate investing group in Houston that impressed us (not mentioning any names, LOL!) 

She is good with feelings but ignores logic too much.She goes over the damage I cause when I explain to people why it was seriously stupid what they did (very kindly though) and soothes things when I am unhappy with performance and she makes sure my team doesn't have permanent mental damage and trauma after I let them have it.Me.. it is better to be feared than loved.She... it is better to be loved than fearedTogether though...

This is because when you sell your primary residence after living in it for two years, our beloved Uncle Sam, within some limits, DOES NOT ASK YOU TO PAY A DIME IN CAPITAL GAINS INTEREST ON YOUR GAIN.

My tenants recently moved out and I found my beloved fig tree(about 20 years old) was topped and cut to its trunk.it is alive and looks miserable. my previously tenant also works for me as the property’s gardener( I paid them $70 a month). 

@Jorge Guilson Garcia, DFW is a great place to be, love that you are ready to take action!

Next pres. will be loving that.All the talking about “tanking the economy” is standard issue self interest in the part of big banks trying to keep their borrowing cost as low as possible for as long as possible.

@Sam McCormackWhen parents do something like this many times they don’t need the equity but would like to be loved and appreciated so show them some love and thank themIn several years when you are crushing it help them out then, get them something special, send them on a vacation.

All of these amazing cash flowing properties exceeded the newbies beloved 2% rule at time of purchase, and you could afford B class properties back then in Phoenix that hit that rule, and I totaled it up the other day and think I made something like $5k in cash flow per property (~$50k each purchase price) over 5 years of ownership... that's not $5k each year, that is $5k total over the entire 5 years on properties with no mortgage.

Going on a holiday would be lovely!