@Jeremy Marek, you're absolutely right in that it was a bit of over-analysis on a small task, but for me it's also part of the education process as an inexperienced investor learning from others and how they handle the day-to-day operations. 

Very new to this and educating myself every day.

@Marc Padilla If Jax is your area of focus, I'd definitely recommend joining JaxREIM on meetup (more of a marketplace where wholesalers and investors message each other) and also check out the JaxREIA website - that is more of a traditional REIA with regular local meetings and education - and time a visit to JAX around one of their meetings.Welcome to BP!

Also, if you know of any bodies of works (books etc...) that would education one on building regulation that home inspectors place violations on such as electrical, construction, etc..., I would love to get my knowledge enhanced on that as well.

I found out, educated the seller, and the deal went south along with legal actions from both sides:)

Educate yourself. 

Sounds good if today were 2o1o.

I spoke with a mortgage broker about this today.

I don't remember any of my cash out refi's asking me my level of education (post graduate).

With a lot of help from Bigger Pockets, today I bought my first rental property!