Although you plan on having your mother live in the home to start you'll want to assess the home using the current rental rates and values in the area.

@Akil MitchellFrom my experience, when buying a property, it's crucial to assess local building codes, potential de-conversion costs, and permit requirements.

I came back home and assessed what I saw. 

I think this is very accurate assessment of community banks and portfolio banks.. but for all the other fannie freddie govmit backed loans that investor and especially homeowners use its a non starter. 

They often offer coaching programs that can guide you through the fix-and-flip process, including how to properly assess properties during walkthroughs.

Assessing brokers based on their transaction history and success in the market carries more weight than simply focusing on the highest price offered.

I use the 1% rule to quickly assess if a property is likely to generate enough income to cover its costs and potentially provide a profit - it's a guideline - so, don't miss out on good investment property by being rigid when applying the "guideline" to rental properties.

Did they only cover this cost once the eviction process was complete and the final loss was assessed? 

This potential buy needs a little work done so I need someone to come out and just do a general assessment of the property.

Certainly there's risk that needs to be assessed but thanks for sharing!