@Dan StrandbergUnless the process is different there, the inspection should include identifying the type of septic tank and drain field/system; evacuation; checking for cracks/roots/deterioration; type of material tank is made of; if it’s level; size of the tank- is it large enough for the number of bedrooms; whether it closes properly; whether water run through it drains properly; that the ‘hatch’ closes properly; setbacks from the home/boundary etc; and whether both septic and drainage meet any existing regulations.Hope this helps!

**Buying it for almost 20% undervalue; instant equity**househacking it; I keep 100% of my BAH; I live rent/mortgage free**executing a live in flip; force appreciation into the units creating more equity and increase rents which increases cashflow.

Last but not the least, A VERY good property manager who can educate you on a market, help you form a strategy, fit right into your due diligence process, and execute on a clear takeover game plan as soon as you hold title! 

You must prepare a form 3115 Change in Accounting Method in the current year to correct prior years and get the record set properly for going forward.The form is not for the faint of heart. 

I don't have experience in the Detroit market, but I assume there are plenty of properties available that look great on paper but are going to be a real challenge to manage properly, especially from across the country.

@Grant Steiner - If you're planning to rent it for a year or two before moving and getting your own residence the most important things will be making sure you have signed leases and that you are properly reporting everything on your taxes.

The reia meets at the Executive next to the yard restaurant the second Wednesday every month at 6:30.

Do everything by the book, and in the case when you are faced with a lawsuit, use a good liability policy as a first line of defense, and your LLC that you have properly structured and documented  as the second.

Hi everyone - I am looking for a referral in PG/DC/Baltimore area for a titlecompany that is familiar in setting up Land Contract and has an atty thatknows all the nuances that go with it.  I have the book by Mark War...

You should be able to locate an excel spreadsheet in the proper format.