I'm considering making this property into more of a mid term rental as an interim spot for people that may have experienced a flood, fire or are moving or renovating and need an interim space. 

We think it's a solid spot with a lot of potential as well.

You're in a great spot.

Spot on @Jon Taylor!

Or any clues on the document that would allow me to spot any major problem, such as foundation, electrical, plumbing etc.?

Despite all that, I did visit a couple of nice neighborhoods (not many) and if the properties you're looking at happen to be in one of those, you're at a much better spot than what I have described above. 

Greene is spot on.Let me add this.A lot of wholesalers get leads and then negotiate endlessly until the seller won’t budge below a certain number.

Unfortunately being a rookie I went with an inspector that came from a company that had a solid website and the inspection failed to spot many items.

@Amby Bhagtani, you’re in a tough spot, especially with a tenant already behind on payments.

I wanted to have a spot to rent out and cover the monthly mortgage payments while securing a small spot to have for myself in the next 30 years for when I no longer reside in Charlotte but want to visit friends, or downsize.