Btw, I did not get a bug inspection prior to purchasing the house.

I am also cute plating what differences will i need to consider in my business model, such as quarterly inspection system?

I am a CERTIFIED home inspector with a company called Inspection Tech. 

Selecting a house, contracting to buy, inspecting the obvious, holding to a certain price range, accepting condition and the ability to contract.This then means that a partner's approval may not be unreasonably denied!

There isn't usually a move out inspection completed by the Housing Authority in most places, and only in a few locales is there any sort of program through the PHA for damages caused by renters using a Section 8 voucher.

I am using private money to fund the deal and would repay once the refinance portion is in place.2 Bed/1 BathOffered: $21,000 all cash, no inspection contingencyClosing Costs: $1,500Taxes Current Year: $1,800Needed rehabs(Estimated): - Fix grade issue $300- Demo and remove patio $500- Demo and remove moldy drywall in basement $150- Repair basement cracks/seal/paint $500- Dehumidifier $300- Paint interior $300- Paint Exterior $200- Add/repair downspouts $500- Replace boiler $3,000- Replace siding on carport $400- MISC Electrical $350- MISC/Oversights $1,000TOTAL Rehabs: $7,500ALL IN TOTAL: $31,800Comparables in the area are around 45k-48k on average.

I know purchasing property you always run a risk - but we have paid about $2k for the home inspection and the appraisal - not to mention all our time/ money has been tied up in this house for the last 2 months (so im sure there are other houses we missed out on).  

I knew the tenant was a heavy smoker when I did my inspections.

I had an inspection done on the property and it came back about what it should for a home built in the 1920's.

The down payment would be low, but from what associates of mine have told me, it can also be a pain to deal with the inspections and withdraws.