I don't have a mortgage in the states, and have a very good credit report/score.Any advice would be great!

My firm also works with real estate professionals on their financial reporting, and if you ever had any questions, please don't hesitate to reach out, thank you!

Housing court; inspectors, that's their job to report you, give you a housing code violation.

Unless either of you want to break the current lease based on his orders, then it should be binding with a notorized addemdum allowing you to check up on the rental monthly for all the reasons provided already as well as an emergency contact just in case you do need to report something of interest during one of your inspections. 

@Mitch BernsteinBefore hiring a Home inspector ask to see a current sample of there inspection report, Also obtain a copy of the contract (in full) you most likely will sign before the inspection paying close attention to there limits of liability and scope of inspection. 

If he won't be able to report loss, how will that $149,000 be recognized?

Anyways we talked about some other stuff for awhile, building report. 

Also, if your local MLS  offers a printable 1004MC report (after you select comps) you can use that to gauge market trends and determine a pricing strategy when ready to relist. 

I have 10 years of experience in banking and know that lenders love reporting that shows exactly what is going on in your finances.

Then within 24 hours have him send me comp reports for reach, while I do rehab analysis.