I've been studying all the documents and just keep uncovering one problem after another.

For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

Due diligence of property to uncover latent issues.

Other times liens, mortgages, and other title issues undisclosed or unknown to the applicant are uncovered in the preliminary title report.

Definitely would recommend you do an environmental inspection to uncover stuff like mold, take a look at the roof, and see how old your water heater / furnace are.

I am finding many others in tbis same nightmare and they are saying it’s an “as is home”#homepartners and #pathlightpropertymanagement it’s just frustrating they wouldn’t let me be there for the inspection or these issues would have most likely been uncovered!!

So...my question is, why is this an uncommon practice to help people uncover money from their tax foreclosure?

If the county had determined that it couldn't be renovated and lived in, just curious if there any public records of it being condemned that the title company should have uncovered?

these might help, otherwise you may have to uncover a certain amount of work to satisfy the city, but it ultimately is going to be up the individual inspector and the specific city. 

I am concerned that after having eight different guys live in that house over the last six year, she may uncover a lot of little things I will have to fix constantly..