You can define the terms of your inspection period in your agreement with the seller.

I suggest defining your goals and conducting market research.

Project management is not property management, but people may define project management differently.

Definitely a definable decision to make to take the next steps!

From the 434,294 property records of my last (kinda old) snapshot, using a variety of property-centric heuristics I can generally find what I want to target, defining my TAM (Total Available Market) for my type of investing*.

Probably not the answer you are looking for but, at your age, college is more important and your entire future is defined by how stellarly you perform in your first job.

The Code of Civil Procedure does not define "right of redemption," so we don't know if CCP 729.090 applies to the 45-day right of redemption offered pursuant to CCP 29224m or the 90-day right of redemption offered by Civil Code 5715. 

@Chi SastryYou need to define "good market" Franklin TN for example is the best market in the entire world if you want to live there personally.

Renting out rooms in a single-family house may be subject to special regulations in some places.Have a well-defined plan in place for room rentals.

Proper planning for these uncertainties is essential.During your due diligence period, it's important to thoroughly assess the condition and age of all major systems and components in the property.