Their contract technically renews in April.The property management company did a moveout inspection and found the total cost to get in the market (mostly paint and patch) will be $6100 (I feel this is high).My question is should I invest $6100 to get another renter in place and wait till I get it appraise upto $200K and sell?

Also be aware that HUD will want to conduct a final inspection of the rehab before providing the final loan disbursement.

Perhaps the property would not appraise or pass an inspection are all reasons that cash only might be a requisite.

The advice that I have heard is that you need to inspect your expectations and the main way you can do that is to be able to do and understand the task you are asking someone else to do or delegating to others.

Best of luck with your inspections! 

You should start conducting regular inspections to check on this behavior. 

The problem is they are asking for more time, so inspection to be 30 days with loan and appraisal contingency to be 45 days and close to be 90 days!!!

That's why you get an inspection before closing the deal. 

I also do property inspections for buyers in Bakersfield and all areas of Kern County. 

Would the process of verifying all those numbers (especially the construction estimates) typically happen after making an offer, during the inspection period?