I think every business casts a wide net to attract customers and then weeds out the ones who cant qualify.Look at the car business they must have 5 or 6 loan tiers .

I'm a CAD Detailer/Designer/Field Engineer for a large local Industrial General Contractor.

The location and property type  will likely attract a difficult tenant profile.  

He's providing the land, ~$150K in cash, the design, and oversight as the general contractor. 

@Chardarius Hello Chadarius.How are you doing with attracting leads...

Fundamentally, to the extent of my knowledge, the Bay will still thrive and grow for a long time to come.But the question of: "Is the cost of living in the Bay so high compared to the rest of the country (maybe historically, or just the affordability index) that it is now a very attractive option for a ton of people to start moving elsewhere?  

Let it be the seller's surprise now - you can use it to negotiate a lower purchase price, because if the system fails inspection, the seller either fixes it out-of-pocket or accepts a significant reduction in the saleability of the property; thereby making the proposition of seller financing with you much more attractive.

(b) It is unlawful for any person, other than a person who holds a valid home inspector license issued pursuant to this Act, to use the title "home inspector" or any other title, designation, or abbreviation likely to create the impression that the person is licensed as a home inspector pursuant to this Act.

I can't remember who said it, but someone replied, the coursework is only designed to help you pass the test.

It's just a flaw with that design.