Obviously it would be in the Buyers best interest to have all disclosures and previous reports on hand before the Buyer pays to have multiple inspectors look at the home.

Obviously when markets have begun there fall flipping is a very bad idea.

It would total depend upon the deal.  

For 2017, total rental revenue was $116,000, total expenses were $77,000, and profit paid to the owner for the year was $36,000.These aren't great Cash on Cash numbers, but they are a means to a desired end (owning a place in this location). 

Obviously just personal preference though.

If you are purchasing for an investment you would want to know how much total that you would need to invest including; purchase price, closing costs, rehab, holding costs, etc...

I have seen some that missed pretty obvious issues.

I have pulled all county information on each property, analyzed the area and it seems the reason the taxes were not paid is because the owners are Heirs, so they obviously cannot care.

Hi BP Family, I am totally new to this, and kind of nervous, but I am wondering if I can get some expert advice from all of you awesome members.

I'll soon find out...Purchase price is 244k plus the closing costs (so maybe 250k total).