@Jeff C.It is a way to build buyers list for a lease with option or lease purchaseIf you're interested in building a buyers list of tenant buyersthe best way is to enter into a lease and option with the seller, advertise a house on 70 websites, if you PM me I'll give you the list of 70 websites Using an earnest money agreement  50% of the option fee  Buyer has seven days to get the balance of the fee +1st and last months rent  Once they've inspected the property, there is a closing at the title company I use an option release system instead of an assignmentIt's important to follow the following safeguards It's important to follow the following safeguards  First have the payment paid from the buyer to the mortgage company and insurance and tax  impound accounts, I use notecollection.comPay for a property inspector it's worth the money Pay for a property inspector it's worth the money  Have a delayed sale and purchase agreement in escrow

In the suburbs, you will actually have a code enforcement inspector come out to your rental to inspect (typically when tenants change, but some do it annually even when tenants have not changed), and you will be required to get a heater certification certificate to present to the inspector.

I've read about it and my inspector warned me that was his big rookie mistake...  

You want your team in place, like your inspector and realtor and lender, but don't sit around waiting for an inspection report before making an offer.

And apparently the home inspector I hired did not also.

Now we are shopping for a good inspector. 

Get a good real estate attorney from the town your property is located in because they will know the judges and inspectors there.  

I can e-mail the caseworker or inspector with any questions or issues and get an almost immediate response during working hours.  

I'm no expert but I would guess not much.Every disclosure I ever filled out said, " to the best of your knowledge" and every inspectors report I ever saw said at the bottom, something to the effect that if they miss something you can not hold them liable.

But will I need to get an inspector to pass a loan?