There are also a lot of small things here and there.The seller has agreed to fix a lot of things, but is doing himself so there will be no proper or licensed documentation which makes me nervous.

@Troy Zsofka I did get the septic checked, and its functioning correctly all the way out to the leech field, so green light there.

If you are buying conventional and the repairs don't affect the functionality of the property, it will never come into play.

I pair novice investors with seasoned investors and educators so that they can start to learn the industry properly.

The roof was replaced by the previous owner but, I don't believe the flashing for the skylight was replaced/sealed properly.

While you are examining heating, plumbing, electrical, smoke/CO detectors, weatherization, locks/doors/windows/screens, appliance function, etc, keep an eye out for lease violations and how well they take care of the unit.

For me, I can do many of the functions that I am doing with real estate as an attorney anyways, however, access to the MLS for me is everything.

I have a tenant that complained about a dishwasher being not the best, so I had it replaced.Now they are complaining that the new one doesn't work properly, i.e. the soap isn't dissolving.

We don't allow our tenants to mess with the HVAC and we replace the filters on schedule because tenants rarely do what is required to keep the furnace functioning properly.

When looking for financing in my personal name, even without proper seasoning, I've received decent rates (4.5%) 30 year amortization and 15 year balloon based off of 75% of the newly appraised value.