@Dustin Beam mentioned another great idea I also use that is very helpful.  

I want to make sure our business plan (it's pretty rough right now) is buttoned up so we go in with laser focus. 

In addition, a new roof 5 years ago, new piers and beams for the foundation with lifetime warranties, and a sprinkler system.

Are you asking about a slab or pier and beam home?

It appears this Cemesto material is the base, directly applied to the roof beams, resulting in painted Cemesto acting as the ceiling interior.

If you feel buy and hold is your best route, laser point focus is all I'll say.Many blessings,

I've just acquired a property that has some rusted out steel support beams in the ceiling of a concrete garage built into a hillside.

Impeccable tile work throughout home is showcased around gas fireplace & natural beam mantle. 4 season front porch with panoramic insulated windows.

I am laser focused on REI would love to meet anyone that wants to chat, mentor, invest whatever I am just looking for more information and more action.

If termites have really done a bit of damage to that wood beam your contractor wont see it from the outside of it, and he really needs to know how to probe that beam to ensure its structurally sound.