We are even contemplating moving to the area where we invest since it’s not that far and the possibility to house hack is good.

It'd be no different than if he said "I can't guarantee that I won't assault you and steal your wallet".

I think your getting a little worked up here.. its normal at least in every deal I have ever done that I PAY FOR MY OWN phase one.. not the seller... and if you already know there was a gas station that's all the phase one is going to do is tell you what you already know... the bottom line is you need soil samples if your worried about this.to me its the cost of doing business and should have been contemplated by YOU when you wrote your offer.. you don't want to rely on sellers inspection reports.. you want to do them yourself and pay for them yourself so you have the consultants E and O and other fiduciary to YOU not the seller. 

I've been contemplating, calculating and questioning the purchase of rental properties for years.

Jessie Griffin I would love to hear more about this as I'm currently contemplating "parking" some cash for a shorter period of time to not have it sit around doing nothing until I find another deal.

 I've never said I was starting a REIA, I was contemplating the idea of getting together with other investing friends monthly to just chat about our deal flow/business.

yes I have contemplated a lot in one of my earlier flips .

I've been contemplating each one and your document makes it easier to decide.Of course, which is best depends on the each investors business model and goals, so no one size fits all.Are you still using RealeFlow how is it going?

For example, what if one of your tenants assaults another tenant?

Aggravated assault, shooting on an occupied dwelling and homicide tend to happen more often in the worst.For example, here is a map of the violent crime in Sacramento over the past 3 months:But note that this data doesn't tell the full story.