Each closing, whether multi-family or single family, is going to have some of the same costs: title insurance, attorney fees, inspection fees, appraisal fees, fees associated with financing, etc.

I had a plumber inspect the furnace a couple of months ago and said it was in good shape.

They can and will fine you heavily and order you to remove it completely if you don't go to them first and ask for an inspection and do what they want to make it legal and permitted.Don't try to "get away with it".Be a businessman and fix the problem the right way.

Only an investment team can provide the crucial local knowledge you need.Moreover, you'll need various resources to find, validate, inspect, renovate, and manage a property.

Will there be more issues come about at an inspection?

This property went under contract at a great price passed all the inspections and appraisal and so forth.  

I've already had a home inspection done and it basically told me what I already knew about the property.

Whether you are a wholesaler or a realtor, it is your responsibility, especially for out of town buyers who cannot see the property in person and in these situations where you are not allowing inspections, to be very clear, thorough, honest, and forthcoming in your communications.

Inspections are typically done by licensed professionals like structural engineers, architects, or certified building inspectors.

I do that inspection myself because I know a lot about small residential buildings.