I have done several independent septic inspections.

In addition to doing regular inspections as soon as someone gives notice due and immediate inspection to determine if the unit is being kept up decent or if you need to plan on some repairs before it is turned.

The last thing you want to do is put a deal in a contract pay money for inspection and get an appraisal when you could have just ruled it out from the start with that.

A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.

Plus any miscellaneous payments such as interest, inspections, etc.

Typically the condo association should be called to get in the unit and inspect the issue.

You will have a heart attack when you get your first inspection report. 

A home inspection produced 50 issues that needed attention.

In order to negotiate the deal, I used the inspection report to help me get a better price.

It might save you money on labor and give you more control over projects, but it also means taking on more responsibility for permits, inspections, and subcontractors.