The reason I picked Xero (to use with HR Block) is because I saw all the horror stories on the Quickbooks support page for how Turbotax (the company that owns QB) won't import from the QB export file (has to go through a conversion step).

If you buy two similar homes on one block and flip one (to get the highest sale price) and BRRRR the other, you just did your own work giving yourself the best appraised property which will help you complete your BRRRR at the highest level.

Main thing to keep in mind on the inspection report are just really big tickets items like roof, water damage, HVAC, and HWH.

Windows can use upgrading (not airtight)Bathroom is dated (plan to replace toilet and sink, and paint walls)Has a small rip in one of the screendoorsKitchen sink needs to be replacedCounter has water damage (raised on some areas instead of flat)I was thinking do minimal update only the flooring, sink, and toilet and rent slightly lower than the going rate for rental properties in our area.

Yes, but keep in mind that a leaking roof would not be covered unless there was an "Occurrence" that caused damage to the roof. 

Pictures lie and can hide critical and very expensive damage.  

I went through this same mental block process before buying my first investment, but I'm finding myself with larger blocks for BRRRR, not sure why.Thanks for your help!

This can differ significantly from one geographical area to another and sometimes the difference is block by block so make sure to check with your agent for that local knowledge.

Block layer was scheduled for a week before so now we have to wait on him , he is on another job .

That's a worst case scenario, but basically the condo board was trying to levy hundreds of thousands of dollars PER resident to fix the structural damage prior to the collapse.