Find a spot that is cracked/chipping (shouldn't be too hard if they do have lead based paint), then rub the tester on it...https://www.walgreens.com/store/c/3m-instant-lead-...

One last thing to consider is that this really only works if at the end of the 10 years, you are willing to cash in your chips and move somewhere cheaper. 

If you find that a lot of these things haven't been updated in a long time from the inspection, you can use that as another bargaining chip to get the seller to reduce the amount since you're going to need to update them at some point in time.

   So I pushed the chips all in, and I left my comfortable union job in favor of a position at a commercial brokerage as a salesperson making only commission.

But even minor issues that were previously missed can be an important bargaining chip in negotiating a lower purchasing price.

It looks like you're really hustling and doing a fantastic job, and it's definitely encouraging to see someone take a huge goal, make a plan for it, and start chipping away, figuring out ways around obstacles and not letting anything stop you.

JorgeSoCal Real Estate Investor(Who loves Frito Lay chips)

I would take advantage of the inspection to ask for additional amounts off for serious issues if applicable, so for example not for a chip in a window, a scratch on some drywall, or a stain in the carpet, but if the roof needs to be patched or replaced, the HVAC is dated or needs to be replaced, water damage, termites, pests, radon, structural, mold, foundation, anything serious that might pop up as a result of an inspection.

It looks like it has a small population so they all know each other.Side note edit: You can get one of the old guys drinking coffee to do all that work for you if he is retired and bored for the cost of a couple drink chips at the local VFW

Origination fees and closing costs may also be higher compared to conventional financing, which could chip away at returns.Option #3: Tapping Home EquityDrawing on your home equity, either through a home equity loan, HELOC or cash-out refinance, is a third way to secure an investment property for long-term rental or finance a flip.