3) Is there any kind of inspection period for the buyer?

I've had to write letters of explanation for why a house appeared on a tax return several years ago when I had expenses (inspections, dewinterization) but didn't actually buy it.Why don't you just call the VA's system for her?

If I get possession next year of any of the ones I bought this year, I plan to inspect the properties and then allow the current occupants to apply to rent it from me if the property is in good condition and the occupants seem reasonable.

The others probably fall into the "obvious" category.Nevertheless, figure out what you think is reasonable, and have your agent forward a request for an adjustment, along with the inspection report.

We gave the comps from the first appraiser which were much more closer and in the same school district.

I am taking engineering courses so I think I can figure it out, I likely will be outsourcing most of the work, I can't do to much work myself but I can inspect and project manage but will need to do some good research.

Depends on who is looking at it.For resale value, the added full or half bath usually adds some dollars to the resale price; whether you will re-coup all of the money paid to install added bathrooms is a different matter.Certainly it is more convenient to locate added baths closer to existing plumbing, but that isn't something mandatory.

I'll disagree with Scott but tend to be closer to Mike.LTV means little to me as I don't have an exit strategy that involves selling.To me, it's all about my DTI ratio on the investments.

I found a Property Manager that is probably the best in the area but I am uneasy not being in control, not being able to due my own quarterly inspections.

They may flag a giant fire hazard, but all they do is walk through the property, takes some pics and look at comps.Unless things are done way differently in Hawaii, why would the appraiser ever contact the local gov entity that would have to do an INSPECTION to produce any type of code violations?