You can prepare yourself for that by having another inspection conducted 10 months in then bringing that to the builder to see if they can fix anything outstanding for you, before the warranty is up (if applicable).In summary, buying a new build means you have to arm yourself with information so that you know what you are getting into.

Property Inspection: Conduct a thorough inspection of the property to identify any maintenance or repair needs.

By conducting thorough research, building a strong network, and staying informed, you can increase your chances of success in the real estate market.

That would give you more evidence should they try to pursue the $7500.Radon tests are typically conducted over a period of several hours/days.

For this reason, we are starting to conduct in person meetings with landlords to get this type of feedback, but there has not been much turnaround yet.

Most states allow for what are called "'Occupancy checks" Of course you should verify this and then post a Notice on the door stating something similar to the following:"PLEASE BE ADVISED THAT ON ------- 2024, THE OWNER OR THE OWNER'S AGENT WILL CONDUCT AN OCCUPANCY CHECK TO DETERMINE IF THE DWELLING IS CURRENTLY OCCUPIED OR VACANT.

I conduct them just as I would if the client were standing next to me, pointing out good and bad aspects of the property.

@Yang ZengYour situation presents a common dilemma for real estate investors: deciding between investing locally where you might be more familiar with the market but face high property prices, or exploring out-of-state opportunities where properties may be more affordable but come with their own set of challenges.Here are some considerations:Risk Tolerance: Take into account your degree of comfort and risk tolerance while managing properties remotely.Objectives: Specify your investing objectives, including cash flow, appreciation, or a combination of the two.Market study: To fully grasp the development potential, employment opportunities, and rental demand of prospective out-of-state markets, do in-depth market study.Hybrid Strategy: Another option is to choose a hybrid strategy, where you invest in a combination of local properties for stability and simpler management, and you set aside some of your portfolio for out-of-state properties for diversity.Before making a decision, it's essential to consult with real estate professionals, conduct in-depth market research, and possibly network with local investors in the markets you're interested in.Remember, there's no one-size-fits-all answer, and the best strategy depends on your financial goals, risk tolerance, and personal preferences.

It’s clearly in writing, and it appears the timeline for expectations is directly attached to “the inspection contingency”, so what was your agreed upon days to conduct the inspections by?

Mike's perspective as an experienced investor in Mexico holds significant value.As an investor in Tulum, it's crucial to conduct a comprehensive SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) to gain a holistic understanding.