Accurate and meticulous record keeping will keep you safe from IRS audits.6.

Start making offers and make sure to do your due diligence while in contract during the inspection period.

I bid cash and waived my inspection and was able to beat out bids that were $15k over mine.

Initial Inspection and Assessment: Document property condition before work begins. 

I was initially looking for a turnkey property but after finding this deal and going down the rabbit hole it has turned into a BRRRR.Property is well priced and seller agreed to lower price after inspection was done and scope of work completed by GC.

The property went thru bi annual inspections .

I did go on the website and none of the HUD inspection or landlord documents were even able to be downloaded and viewed.

Dumpster, permits, and inspections $15,000.

Was willing to take it as is without any inspections.

Get the foundation inspected.3.