If this is an investment home, 10% likely isn't going to cut it when financing it.  

As Charlie mentioned, the Insurance company will be concerned with the safety at the site. 

To have the edge over your competition, you will need to have the funds ready to go, know what to look for yourself, or have an investor agent who specializes in finding good deals for you.

Safety first!

Basically, it's a sort of safety net.

If you want to work for an institutional investor or have any desire to play in the middle market or above [which the best way to do the latter is to have worked at for an institutional shop] then a degree is a requirement and if you want to work at the shops that do the most interesting deals [family offices, pension funds, REITS ect] you will have had to work at some of the larger firms to cut your teeth and they do care where you went to school.

I'm in the middle of another carpet removal/window change operation, and the windows in place are filthy beyond imagination, the carpet pad is the old cork+clay stuff that dissolves into hardwood floors and plywood subfloors, and I'm down there scraping it up and pulling strips and staples and cutting my hands to shreds.

The plumber went on to suggest that in order to avoid problems in the future they needed to cut out the pipe remove the rocks the sewer auger could not break and replace the pipe and this was going to cost me $4,350.

The septic waste system will need to be connected to city sewer in the spring, which will run about $4200, and the house also needs a couple safety repairs/upgrades, which cost another $1500 roughly. 

Four Corners isn’t the prettiest area, but it cuts down the drive by at least 20min from BOZ.