I didn’t back these expenses out because they were crucial to me completing the work.

this is my dilemma I just had a tenant of two years who recently moved out on doing the move out inspection I saw that the carpeting which was installed just prior to the tenants moving in had  black paths around where I guess the beds were, the carpeting has buckled in areas from the heavy furniture that they had and its completely matted and no amount of steam cleaning will restore the carpeting.

I now am in the management consulting field and I am primarily working with banks on ensuring their compliance with lending regulations and internal controls.

HVAC is 5yrs old Plumbing is good unsure of the age.Purchase 88k Loan FHA 3.5% down bed/bath 2/1 each sideSide 1 is currently rented for $440 (below market) by $45 for the sizeSide 2 I will be living in with a roommate and room rent is $330 (median market for a room for the size)Side 2 COMPLETELY RENTED will be $675 (median for market)Owner pays near $180 for water a month and tenants pay the rest of the utilitieswith mortgage, insurance, taxes, fees, monthly payment to own the property is $611.87I am really just trying to cover all of my bases right now. 

@Michael Plante Just have the attorney you are going to use for the closing provide you one?

There are a lot of different crops that are planted in that area as well. 

Then, after repairs are complete, you can look to get a cash out loan to repay what you borrowed. 

I contacted the broker for the inspection paperwork that was supposed to be completed by the seller to find out that the broker closed on the property before ensuring that all the paperwork was completed.Curious as to what kind of approach would others take on a matter like this?

If you attempt self repairs or get someone else to do it again you forfeit your claim completely so many people steering clear of People's Trust insurance.

This is just roof.Someone can spend $6500 on a new kitchen others spent $115K completing it.