The inspector discovered it while in a crawl space under the eaves.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

I discover why it was sold at the tax sale, seek out the previous owner and get a quit claim deed from them (even if a new deed was awarded from the tax sale), then attack the collection deed and win the property back, usually for just a few hundred dollars. 

I recently discovered the Bigger Pockets Podcast after reading Brandon Turner’s “The Book on Rental Property Investing” and I’ve learned a ton!

I'll follow and let you know if I've discovered anything either.Kyle

It's been 30 days but better late than never.Any work around discovered?

However, I acutely discovered, via reviewing the PSA, the purchase price actually being $775,000.00.

A major component our luxury STR clients the moment are loan terms.

Like others have mentioned, you will pay structurally more for a home warranty than self-insuring for the cost of repairs.This may be worth it if the value proposition was that you could be hands-off whenever a covered item breaks.In reality, it adds significant overhead because there is the claims process and you give up control of the repair timeline and quality as you have discovered.

your onsite manager is a huge component of your success. working with them so they understand the goal of the property is crucial for success. buying in the right area will boost your profits.