@Ralph Ace  When I was practicing in Mass and Maine, the guidance was that the report was the property of the person who paid for it - normally the buyer.Other parties could ask for it, but it would be standard practice to ask them to pay for it.That said, the seller would be required to disclose any defects that were uncovered in the inspection.

This oftentimes uncovers additional tax savings and allows you to utilize bonus and accelerated depreciation.6.

However, if your inspection were to uncover a few items missed in your initial walkthrough, such as a soft spot in subflooring or an electrical issue, it’s a lot easier to ask for $1,000 here or there compared to a complete $30,000-$50,000+ rehab.The obvious answer is yes, bring your general contractor with you during the initial tour.

The 70/30 cotton/poly blend made in Pakistan.

About me, well I am 37 y/o, married and we have four children (blended family) ranging from (14-24 )and a grand-child. 

He uncovered issues that I would not have found myself. 

Take Rivian as an example which is currently valued at 147 billion dollars, keep in mind this company has sold less than 200 vehicles which were all prototypes, that means a supposed tech car company that does not have a proven model (yes its backed by large mega-corps, but keep in mind GM almost bought Nikola recently before it was uncovered to be a complete scam), is somehow valued at more than 2x the likes of Ford Motor Company and GM.

Should PM take some accountability for the annual inspection fee being charged and have uncovered these kind of tenant issues?

For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

If someone is going to leverage multiple properties, I think a blend of highly leveraged and paid off properties is a better plan that having some leverage on all of them.