I'm buying my first home and want to make sure the inspection is done right. 

I would also include the inspection (that's huge to make sure they know you're serious about no damage to the property, beyond normal wear and tear).I put together a high level checklist on how to manage your property.

The current owner built the second home in 2009 and has proof of inspection and permits from the city for everything.  

Sometimes, lower or finance offers are accepted because they offer reduced inspection days, higher deposits, secondary deposits or closing dates that are beneficial to the seller.Hang in there!

Don't want to gamble $500 to just inspect a property.

The 30 days due diligence allows us time to inspect each property, talk with the tenants, take good notes on repairs needed, potential evictions needed and any other damage control needed so we can get these up and running at 100% occupancy.

That's why all of my offers have an inspection and financing contingency.

Coming by every 5-7 days for "inspection" (24 hrs was the only notice needed per lease.)

Sometimes cities require inspections for commercial use sites, which is additional fee.

Our bank refuses to finance a home that won't pass inspection.