Buy right, fix right, sell or rent right.

I am assuming that is not in a judicial foreclosure state that has to be auctioned off and gives the homeowner time to sell it.

One of my considerations is to further improve the value by taking a renovation loan, however I'm concerned because of the neighborhood values that investing more money into the home won't net me much profit whether I sell or rent.I feel a little stuck here and I don't want to fall to my limited knowledge, so I'm here reaching out for some guidance.Thank you in advance for any advice or support. 

Sell the property but will probably sell for much less than market price + rehab cost 2.

So I help investors in the process that lets them sell investment real estate and purchase replacement real estate without paying tax on the profit.  

If you're in the market to buy or sell right now it's helpful to know what kind of market we're working in locally. 

Is it possible to do inspections without DD if I am okay with taking the risk of the home selling??

They provide no real protection at all for the borrower/contractor relationship.So, if your house had some plumbing work that was done, and your contractor did not pull permits and they did not have the city inspect the work, then when you go to sell the house you will get caught and they will tell you that they need to open the walls to inspect the plumbing and then closing the walls and repainting are on you.The draw process is way too easy, I've learned that it is sooooo worth paying your personal inspector like $100 to do a deep inspection. 

However, a year ago, I opened a brokerage here in Tampa called Investing N Florida, where we manage short-term rental properties, provide training for agents on selling and purchasing investment properties, and specifically equip our agents to work with investors.

Best regards,Rob Hi Rob,I primarily sell vacation rentals in OR & CA and have written previously on the value of attractive and quality furnishings as part of a successful STR.