here is what the report said (this is AFTER the first repair was done)Damaged/Rotted composite wood siding noted at chimney at rear side of home.

Bonus question: In general, when a home is damaged by tenant negligence or a simple accident (ie towel bar is accidentally ripped out leaving a hole in dry wall) , who is ultimately responsible for paying to fix that repair?

Damages for unlawful cutting, removal or burning of timber; misrepresentation of property lines."

He got the house for asking price of $540k.The seller had received 20 offers and never bothered to talk to anyone else.. they were too impressed with the big EMD.So they accepted his $540k offer and later gave up another $20k because of termite damage!!

@Susan Herschell Chris is correct that this is not only dangerous for the lender but also could result in a waste of time and damage your credibility as a buyer in the eyes of the listing broker.

But you'll pay for that with higher turnover, damage, unpaid rents, high maintenance tenants, etc.  

So it can damage a brokers reputation for the future and being presented future opportunities first for their clients.

Plumbing is one of those areas where I never want to skimp - even a little amount of water can do an incredible amount of damage.

The statistics show clearly that most damage is done by pit bulls.

Some wood damage but nothing too crazy.