After you've looked at hundreds of houses and know what you're looking at for the most part (foundations, roofs, windows, etc), you might feel comfortable to make a no-contingency offer on a house that looks fantastic, but that time is not now.

We totally renovated the home and had pest control services come and spray a few times after they moved out, but apparently we needed a few more sprays before it was truly roach-free.

Tons of fantastic detail.  

@John LaRocca - fantastic, appreciate it John!

Also, one owner cannot control the HOA, and if the structure has more than four units which is not clear in this post no one owner can owner more than 2.

A GC will typically have a google folder with photos to update you on progress but nothing beats physical quality control inspections.

The process can continue on and on and on into larger and better properties, more doors, and more cashflow every month, as we continue to control the properties and rent them out to solid tenants.All of this hasn't even mentioned Real Estate market will continue to rise, as an example my grandparents bought a house in Rye new York 40 years ago for 75k, when they retired they sold the house for 950k and flew down to florida to enjoy the rest of their time.

I posted previously about key management systems, and I opted to go with the Kwikset Key Control Deadbolts.

Home inspectors are fantastic (most of them) and they usually spot most of what is wrong with a house, but as you know if there's a roof issue in inspection it will recommend on the report that a licensed roofing professional come give another opinion.

We have no control over the expenses that that outside counsel will run up.