I was wondering what are the FHA Inspection red flags in Chicago that may cause a deal to fall through?

After hearing what you both have said I will definitely approach the seller after inspections about a 7-10 year term.

I just had my Inspection and FHA feasibility, I’m currently in a deal with a 2 family in new britian. thanks 

Hi Folks,We're purchasing a twin in Bethlehem and looking for team members to provide costs estimates for some inspection items.

The following write-up is a detailed analysis on the numbers, from purchase and closing costs, to rehab, to rent and cash flow, to the refinance, and finally to the sale of the property.The process of buying, rehabbing, renting, refinancing, and then repeating the process by using the refinance proceeds to purchase another property, was used here (BRRRR method).I thought it would be interesting to do a post-mortem analysis on this investment, and see how things worked out.Post Rehab Picture of the Kitchen.PurchaseOn 1/31/2020, I purchased this single family home for $77,000.The loan terms were a 30 year loan, 5% interest rate (higher rate since it was before rates began to fall, as well as from being on an investment property with a lower loan amount), and 20% down.Cash to close was $15,400 for the down payment ($77K * 20%), $3,750 in closing costs, and $350 for the inspection, for a total of $19,500.To fund the down payment, closing costs, and inspection, I used a HELOC (home equity line of credit).

I would do an inspection of the property so you have all the facts on hand. 

Make your offer contingent upon inspection so no major hidden items pop up that throw your rehab estimate off.

If you have to close on all 3 within 90 days, as it’s mentioned in your description, you’d have to close on 2 of the duplexes, then find a Buyer for both of them, and hope that nothing goes wrong in escrow, which means satisfying inspections for said Buyer, getting appraised on time, which is difficult right now and having zero issues with the title work, so they close on time… Then turn around and buy the third duplex prior to the original agreed upon 90-day deadline.

I also feel being racial discriminated during inspection.

I’d really want to know why it’s been vacant and I’d want a thorough inspection with teh utilities all turned on, even if I had to turn them on in my own name.