Inspections are more frequent. 

It's definitely not your fault that the kid allowed the sink to overflow.It's not the tenants responsibility to inspect caulk.

While I was running my inspection business, trying to build a real estate business, and taking care of 4 rentals with family, I was also going to night school to get a degree in MIS.

Buy that if want, it's probably closer to the 3-5s.  

I have pulled a permit for removing a fireplace, but probably would not have but I had a significant remodel going with permits and did not want hassle of him making an issue of removing the fireplace (the inspection for fireplace removal consisted of only verifying gas cap was in visible location, he did not even spray it).

As I get deeper into Commercial Investing (the research of it), I am always think I am closer to getting a MultiFamily.

I've never spent money on inspections/environmental before having the property under contract.

Market might be competitive but there is angles to stand out depending on what you are comfortable and able to handle, such as waiving an appraisal contingency, limitng inspection rights and time frames, closing time frames, allowing seller to stay-post closing, taking on difficult tenants, buying properties that might need repairs, etc.

I’ve put together 7 steps to help you decide, stay focused, and get that much closer to achieving your financial goals.

Landlord beware.S8 will schedule an inspection for your property.