Nothing will piss off the inspector faster than missing an inspection.My last piece of advice, in an effort to not make this a book length post, deals with the money.

Hi,Thank you for sharing your experience and insights from being in the private money lending (PML) and hard money lending (HML) space for decades.

If you’re In a title state make proof of utility pay off a condition of closing.

They don't know how to properly qualify an investor.Check around before making a decision.

Makes you are tacking your outside basis to be sure. 

Quote from @Joel Oh: Your business must make money day 1.It is so much more difficult to fix the model that is not making money than starting a new business that makes money day 1. 

Hard money for acquisition and I financed the rehab myself.

I’m a home inspector and Field Services Director at Pro-Spect Jax in Florida, where I help homebuyers make informed decisions about their investments.

There is almost no scenario where a condo would ever positive cash flow while servicing debt, and very little positive cash flow with no debt.If your budget only allows for a condo, find a better place to put your money to work.   

The deal can make sense even if it doesn't meet some arbitrary "rule"