I did some research, and it appears one of the preliminary steps is getting the home approved and inspected.

I only had enough to cover an appraisal and inspection.

Hey everyone, I am looking for a home inspection company recommended in the Pittsburgh area. a company that is fast, reliable, and experienced.Tnx

But keep in mind that when purchasing a property with FHA loan requires an FHA inspector to come inspect the property to ensure its habitable.

It used to be pretty expensive for the license and inspections.

The regulations in NJ for 2- and 3-family homes are very different in terms of egress, back stairwell access and lighting, and inspections.

For your home purchase, I highly recommend having a professional inspection done.

Think about it....an addition is built without a permit or inspections.

You might want to get your regulars agent to take a look at it for your market.I'm sure agents fight to keep the deals together if things start to go south, like a tough inspection, or some other issue when the commission is more. 

I charge good rents, require steep security deposits, schedule regular inspections, take incoming and outgoing photos, videos, and descriptions, and hold the tenants responsible for every item.