So, I'm not sure to have someone who isn't familiar with rehabbing figure it out.You're not just looking at condition, but you also have to figure out what materials to use for the specific project, whether there are hidden defects, if there are issues that can't be ascertained from pictures (like the smell of mold), etc.This isn't something that can be easily automated. 

If you purchase title insurance these defects in title would be picked up by the title company.

He showed me a spot above the garage door where he proudly told me it took him 3 coats of paint to cover the water stains.It turns out this whole community has a builder defect that involves the fascia and the sealing of the "envelope" - still not sure what that means but basically water has encroached in between the masonry and the concrete block and staining is noticeable over the overhead garage door and only on that wall.

He could also likely confirm if a straight partnership is truly appropriate or some other vehicle such as an multi member LLC might be preferable for various reasons.Likely such involvement won't come cheap, but if you are really serious about getting into this business a defective operating agreement is a really bad way to kick things off.

Most landlords civil liabilities are in personal injuries on the property, (Get insurance), property defects, (insurance), and UD's and trying to get them out of the property.

class action is more product defect driven..

You need to find out if it is a defective sump pump or not.  

Now if the inspector or appraiser uncovered a major defect during their inspections you may want to send in a contractor to bid the cost to repair the issue for you.

Your attorney will have to add some specific clauses to make the irrevocable trust defective for income tax purpose to make it grantor trust. 

If the driver of an SUV was in an accident and someone else died because the tires were defective and installed wrong, would the driver be prosecuted for manslaughter?