Here in CA once an offer is accepted Buyer has 17 day inspection period where buyers at their expense can have all inspections done, then request repairs from the seller (which they're not required to do), and then make a decision on whether to move forward.

Will they repair/replace old items based off of the inspection report?

But preliminary information relayed from the home inspection is "possible" foundation issues. 

Often local fire inspection companies can give you a ballpark based on the size of the building, it could be way off but it will give you a minimum.https://www.biggerpockets.com/...

Banker approved $10,000 remodel draw account.Purple house: Painted the cabinets, fixed a small plumbing leak, moved in a Section 8 Tenant @ $900 a month on the day of closing (advertised the property during the 45 days between contract and closing, had the property inspected and approved by DCA, tenant ready to go).

@Mitchell Chingay lenders asking for copies of the inspection report after repairs have already been negotiated putting my buyer in a position to have lender obligated repairs that they had no leverage to negotiate for. 

They said I could not have an inspection done before signing a contract. 

I’m expecting to receive an inspection report later tonight but based on my conversation with the inspector there are a few concerns including water leaks in a couple of the units.In the purchase agreement, one of the sellers terms was that the property “ is sold as is, and as disclosure condition.

What you buy would have to pass as a livable with all inspection failures fixed before closing.

However, I want to make sure I am protected and he is as well.My questions to you all is I’m thinking on not only getting a home inspection, but I’d like to take the contract that we sign and run it past my lawyer as well, which I plan to do until I feel I I am more comfortable with that piece of the real estate game.