Get good at knowing what to look for so that you can make quick decisions without having to wait for an inspector.

Next time on a MAJOR renovation project, I'd have the City of Johnson City Building Inspector join me for a pre-purchase tour to tell me what permits and what jobs they'll require of me.

For ground-up inspector spec or builder development, we're usually topping out at 80% of cost (land plus construction plus soft costs) up to 70% of As Completed Value.

All of that work would of course follow the NEC, local code requirements, and be inspected by an approved electrical inspector.

@James McGovern   I see you are a home inspector. 

Next time on a MAJOR renovation project, I'd have the City of Johnson City Building Inspector join me for a pre-purchase tour to tell me what permits and what jobs they'll require of me.

I have had an inspector come out and he was able to see the basement and 1/1 unit. 

I would assume that they were already tenanted with Section 8 renters since most of the time properties that pass municipal code requirements don't necessarily meet requirements for Section 8 rentals, meaning there is typically a list of repairs generated by the Section 8 inspector that need to be addressed even if the home previously passed a city inspection.  

They can connect you with other rockstar team members like lenders, inspectors, contractors, insurance, attorneys, etc.     

About 50' x a foot or so wide to expose plumbing for the inspector.