How much is going on that hasn't been uncovered yet?

Inspections will only uncover so much, look for red flags.

@Kimberly Smith This deal was doomed from inception...not a good use of the BRRRR strategy....the math never worked and the acquisition strategy was flawed.

I think your  approach to this business is flawed. 

Your answer to that question is your answer to the question of whether or not to buy in a warzone--however you define it.I'm sorry but i find this logic flawed.

I really don't see any flaws in this system.

This is what I call, the "Circle of Flaw".

If there is something that the appraisal will uncover then you might lose your EMD. 

Also, being disinterested in RE shouldn't be viewed as a problem, or character flaw (if it is, you'll start seeing a lot of people as pretty flawed--which isn't an enjoyable way to go through life).

I just read all the BP posts I could find related to the Section 121 exclusion ($250k/$500k capital gains on primary residence) and I uncovered two issues that make me want to sell our AK house soon.#1:   I can only use the 121 exclusion once every 2 years.