What I will say no matter what you are buying, do your due diligence on the seller, your teacher, the asset and everything involved in this space. 

This is because I make good decisions on the front end by doing my due diligence.

I was to purchase a house in NC, but due to some information that was not disclosed about the house, we decided not to buy it.I will be getting my due diligence  money back and asked for money back for inspections but seller refused.  

Sounds like you've put together a good due diligence plan so far. 

It seems like investors are not doing their due diligence and it's leaving a bad taste in their mouth.

Hi All,I bought a single family converted duplex 136k from a wholesaler  and spent 200k so far as I did not get opportunity to do proper due diligence. 

Plus, these properties are usually sold as-is, so an inspection wont change much.What experienced Flippers Do InsteadBring a Contractor Instead A 15-minute walkthrough with a good contractor will tell you what you need to know.Know Your Numbers Upfront  If you price in a repair buffer, minor surprises wont kill your deal.Use the Inspection Period (If Allowed)  Some wholesalers offer a short due diligence window use it wisely.When an Inspection Makes SenseIf you’re new and not confident in spotting costly repairs.If its a high-end deal or potential structural issue.If your lender or partner requires it.If you do need an inspection, find an inspector who moves fast and work directly with the wholesaler to coordinate access.

Good due diligence habits are important when investing. 

Our coaches meet with members on a monthly basis to help them learn to evaluate investments, do their own due diligence, and manage their own money.

From what I hear it is low, but still there.Keep in mind your loan will likely get sold, so you need to do more due diligence other than what a loan officer is telling you.