I never get an inspection, but I do flips and go in with my crew to assess what’s needed.

On a non owner occupied property, the taxes are 2% of the assessed value plus any voter approved add-ons.

I figured it was because we left the door open and we had a smart thermostat.Fast forward to this week, after continuous inefficient cooling, and the AC not turning on at set temperature for the third time, I decided to call the warranty compan, through the initial assessment we noticed that the condenser line was frozen (visible ice on the line). 

He agrees with this assessment and is eager to get an LLC formed in NY and the deeds transferred over to it. 

Or at a minimum have your agent call the buyer's lender to really assess how strong the buyer's pre-approval is.Putting a tenant in the property might cause complications with the buyer's lender as well. 

@Cedric Ballet I hear what your saying, although 800 dollars multiplied by a few dozen properties, annually, does add up.

Appraisal, Inspection, Fire system inspection,  and Phase I Environmental Assessment to name a few possible costs.  

The biggest I have is to assess any information provided by the seller to make sure it is legitimate - can you really get that rent, is that ARV realistic, are ALL expenses included in the financials.

She gave me her assessment of the area and its potential.

Rents are $550x4 plus $50 for the garage. 2250/182000 = 1.2%We found it on the MLS, but it took several months of looking and running the numbers on dozens of properties.