I'm from Huntingdon but do a lot of work in State College as a home inspector. 

However, there are other great markets to invest for cashflow or short terms rentals including Ann Arbor.The investor friendly Realtor will help you identify properties to invest, help you position the property for its highest and best use as an income property, be able to recommend property managers so you know your tenants/guests will be taken care of and your property, and recommend other valuable team members like local property inspectors, local insurance specialists and investor friendly lenders.To your success

Plumbing Inspector came out and failed the plumbers for some work they did and also dinged me on simple repairs/updates I was doing in the house.

. $40k also sounds very inexpensive and likely unpermitted so just be on the lookout for drive-by inspectors and make sure your contractors have proper workers comp. 

Such as walking the property only one time with the buyer who must bring their inspector."

Anybody know a cheapo inspector??

Also, there is no visible mold and no mold smell in the basement (there is a little on the caulking beneath a single pane picture window upstairs which I'll deal with).That didn't sit too well with the tenants as they have been looking online and finding information about how dangerous it might be, and it didn't help that the first report that I had done the inspector attached a boilerplate message recommending a full HVAC cleaning (ducting is 1 year old) HEPA vacuum, air scrubbers, double washing everything in the unit with bleach, etc. so now the tenants are being fairly combative and insisting that more needs to be done.

Many reputable general contractors have experience with city/township inspections and final inspections before you can sell your home; they can provide value based on experience with trades inspectors and providing more accurate estimates for project costs based on current market value of work per trade. 

.; finding, analyzing, acquiring, and managing a property), then it becomes exponentially more difficult.Think of it this way: forming and managing a team of real estate professionals (agent, inspector, property manager, contractor, etc., etc.) without any real estate experience is a bit like trying to form and manage a law firm without any legal experience, or trying to establish and manage an auto repair shop without any automotive experience--those would be monumental challenges even locally, but doing it from hundreds of miles away is near impossible.

Real estate meetups or online forums can be gold mines for this kind of info.Detailed Inspection: Consider hiring a professional inspector with experience in renovations to give you a detailed rundown of what needs to be done.