Take notice of the big ticket items like kitchen, bathrooms, roof, etc.

Wholesaling to a select group of individual owners or folks you know personally who are in this business may be the ticket...

Other than that, you can only know what's behind the wall when the demo is done.You buy your ticket and take your chances. 

Great for summer and winter getaway.

Must you always use real estate attorneys even for simple plain vanilla deals or can one get away with working with just a title company (New Jersey).

Unless you are real rural, like the type of areas that the Raneys (Homestead Rescue) help out Homesteaders, I would not expect that you would get away with your plan.On Homestead Rescue, the Raneys do things like move houses, build new structures, divert water, dig wells, erect windmills, etc. seemingly on the spur of the moment with no permits, etc. 

Inspection is Monday and earnest money is already in.We have also decided to limit our negotiations on our rehabs to one round.

We completed 75% of the work and hired contractors for the big ticket items.

I’ve left a message for my lawyer but it’s just so messed up someone can legally get away with this & police do nothing. 

Maintenance should cost at least one percent of the property value per year & CapEx is the funds used to upgrade or repair the property so make sure "big ticket" items are taken into account.Closing Cost of 1.6%.