My wife and I are educating ourselves and working on our investment strategy to help her retire from nursing and spend more time with our kiddos. 

So, if they are not in your "buy box", you want to find another strategy to capitalize on them.

Also does it impact mortgage rate and insurance also?

If so, what strategy has worked well for you?

You can do this every year if you want, its a great strategy to buy homes with minimal down!!  

Use books, podcasts, and online resources to learn and refine your strategy.

As soon a the "we found mold" card gets played, you immediately offer them to vacate with no penalty to insure their safety. 

If they are older, it is probably worth paying for an updated survey.4) Ensure the closing is done through a title company and insist on title insurance. 

House hacking is a great strategy.

I originally planned to get a refinance loan on this house when rates were 3-4%, but the property was in such bad shape the banks kept rejecting my requests for loans once they saw the condition of the property, and I couldnt qualify for insurance at that time.