Say the entire building is infested with termites and you and your inspectors miss it (just an example) total loss.

If the infestation is not as bad, the boric acid should do the trick.

The exterminator might have solved the problem, and the tenant then subsequently brought in the new infestation.

Work with an agent until your an expert.Certainly entitle to your opinion, however, mine would be to say that if you didn't know how to make an offer on an investment property without your agent, perhaps you should have become more educated first before jumping into shark infested waters.

The biggest thing I've ran into was a serious roach infestation.

I digress....Back to the main topic: I hope other BP’ers will share their experiences on rehabbing flooded/mold infested homes/flips.

There is no evidence of termite infestation, but I will inspect and treat as necessary, then build a stem wall for that part of the foundation.All utilities are at the site.This is a large lot, the back of the lot is 30 yards away from a railroad.

And now you can't walk your dog or let yer kids out because the algae infestation will kill'em!  

Signs of vermin and pest infestation everywhere.

I sometimes compare property acquisition to navigating in shark infested waters, you need a reliable trusted navigator avoid being eaten so is the role of realtor engage one engage one engage one to help you protect your hard earned money. (6)DIVORCE EMOTIONS:- When buying real estate , it is very important that we divorce our emotions from the purchase, we should be as logical as possible, do not allow yourself to be swayed by salesmen’s gimmicks , stick to your standards and budget and it shall turn out well. (7)PHYSICAL INSPECTION: - The saying ‘seeing is believing ‘is never more apt than in real estate transactions.