Inspection reports and appraisals are helpful but aren't a cure-all.

I download reports to present to my clients during property walkthroughs, which is why I opt for the paid version.

Happy to report I took back possession with well over $140K in equity.Thanks for shedding light on the creative side of real estate.  

You can still do a 1031 exchange foreign to foreign asset.  

It didnt affect the loan because of the divorce decree, but it completely wrecked the borrower's credit score - dropped it 130 points from high 700s to mid 600s- because the mortgage still reports on his credit report and was showing as a mortgage late. 

When you have multiple responsible adults sharing a house, if one "bad egg" slips in then you have the others renters to kick them out or report them. 

I would look for reviews on Zillow, Google Maps, Yelp, Experiance.com.To look up their license history you can use nmlsconsumeraccess.com, licensed and registered Loan Officers have to report a 10 year employment history.

Preliminary title report showing that no liens have been filed against the property before it can close.So what are your next steps to protect yourself and not have closing delays?

For example, State Farm typically requires the latest inspection report for underwriting on multi-family properties that are over 30 years old.

And taxes on the pre-paid rent could be a nightmare assuming there is no creative accounting way to report the rent.