The seller is only walking away with 210K (and that's before paying commissions, etc), maybe that's all they want, but you need to go over this house with fine tooth comb and look for the possible hidden problem that will rear it's ugly head after closing.

__________________________Provide the name and physical description (size, color, weight, license) of the animal:_______________________________________________________________________________Does the animal perform work or do tasks because of the disability?

Did she also tell you that the tooth fairy would provide your down payment?

That said, it is not investing, it's a job- a really tough and risky job, too. The

I suppose you can try things like using the same paint color, or washing off scuffs so that you don't have to paint all of the walls. 

but then during the replacement they have un-bid water damage to fix.You want to know if they have a pattern of special assessment which will tell you they set the hoa fees too low and/or do not get realistic bids for work and/or are unwilling or unable to budget appropriately.You also want to go over the HOA financials with a fine tooth comb in order to identify anything unacceptable. 

The FHA appraiser, while thorough in his/her job, has specific items that he is looking for, which isn't necessarily in line with what a home inspector will search for.It is well worth the money to get a competent home inspector to go over the place with a fine tooth comb. 

FHA is picky on structural and maintenance items, they don't care about colored walls, dirty carpeting, etc.  

Whenever possible remove carpet & install vinyl allure flooring or refinish the hardwoodsRemove all ceiling fansRemove garbage disposalsInstall non locking door handlesReplace wooden windows (think lead based paint issues)Paint everything one neutral color (agreeable gray is the most popular right now)Remove anything that hangs off the wall or has unnecessary moving parts (ex chandelier, wall mounted towel bars)

This is a very real issue in Urban areas, but it's also means your area becomes more diverse, more colorful, which is of course a great thing!