Whenever possible I attend the inspection and follow the inspector as he conducts the inspection and ask him questions during the process.

The layout also has the possibility to convert to a duplex in the future.

This in turn will kill your exit strategy if you are not doing your due diligence and playing conservative.

You avoid the tax hit, and still get the use of 75% of the equity if you do a cash out refi - (but high interest rates sort of play against that to some degree presently… but you could alway refi again down the line if rates dropped.  

Are they doing everything possible to expose properties to the broadest possible market?

It's very important to establish trust as much as possible.   

As a result, we have significant water damage to the floor and rugs in that 2nd floor bathroom and a bedroom, plus there is even more significant damage to ceilings, walls, furniture, and rugs to 2 bedrooms on the first floor.Our initial goal is to dry as much water as possible with wet-vacs and dehumidifiers.

MLS photos are intended to make the property look as good as possible, that's why actually going there is key in pulling accurate comps.

He had other projects that he committed to.Want to play a challenging game?

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.