I bought the unit earlier this year and the inspector didn't catch it, I am almost certain that the previous owner knew about it. 

There is an interesting off-market shopping center for sale locally and it is catching my eye. 

When a cell phone software update comes out, I don't take it right away, I let it sit for a week or two, so that if it's catching phones on fire, it's not MY phone that catches on fire.

@Griffin Schermer I'm sorry that no one has responded yet, I'm just catching up after all the holidays myself :)I would be very interested in connecting.

Since it was a flip and no one has inhabited the home in a while, I wished I started my own inspection of the home sooner to catch maintenance issues faster and not have maintenance performed while tenants are in the house.

And according to HUD, even if you catch them today, they can get al letter from a doctor next week and you have to accept it.

The catch is your returns will be lower than what the pros do when they find a distressed property and a motivated seller as they trade their time and system costs for the large down payment you may have to put down.

., a decent yard, and an actual bathroom listed for $1,800.I don't know you generated your price but unless you're renting to a bachelor that thinks it's cool to crap and cook Ramen at the same time, I think you've priced yourself out of the market.Do more research, price it a little below the competition, and get that sucker filled so you can catch your breath.

The major catch for most W-2 earners is the requirement that more than half your time had to spent on real estate. 

I heard there's some catches like how I can't use my VA home loan to purchase a rental property unless I live in it first for a year then rent it out but I'm not entirely sure if that is true or not.