We put a lot into this house, expecting to see the upside at the end.

Because of the manual effort that goes into real estate I expect at least a 15% cash on cash return for my investments.

The 13 million-square-foot demand increase was mainly due to new pre-leased spaces becoming available.Looking ahead, demand for retail space is expected to remain strong despite upcoming store closures, as expansion plans from tenants are likely to offset vacancies.

I wouldn't lie on their history and I'd expect others to be truthful. 

You can add language such as "Inspection for information purposes only" or similar to convey that you won't expect repairs or cash concessions from the seller, but you do not want to lose the ability to walk away if you find that the house is in shoddy condition and you should not trust an inspection report that is not from an independent source and provided to you outside of the seller. 

Is this what I should expect as newbie?

As a long-time Contractor, Investor, Home Inspector, and more, here is my take....Those pipes are past their 'expected life span'.

Hi Aamna, DSCR lenders typically focus on the rental income the property is expected to generate, which can sometimes include midterm rental rates, especially if there’s no previous rental history.

Still, expecting a full 100% rehab payment upfront is less likely without significant collateral or a great track record.If you need help finding hard money lenders or structuring the financing, I’d be happy to assist!

Ended up selling for higher than expected which makes us want to return to the neighborhood for another one!