Look at everything that has sold, look at stuff on the market, start making your own comparisons, basically you want to know almost instantly if its a good deal or not (Of course the inspection will give you a better understanding) But from the outside, for the offer, you need to act quick, especially in this market for small multifamily.

I would let them know that not only will you not be reimbursing them for unapproved work, but you now have to hire someone to inspect the repair to make sure your property is protected.

Would it just be a letter stating that when the property is fixed up they will issue a loan upon appraisal and inspection? 

The challenge was getting utilities to come out timely to inspect and install meters.

., it's raining outside, and I'm leaving in a little bit to go to septic inspection for a client on one of my listings.

As for managing a rehab as long as you get a scope of work from a GC they can manage the day to day and you can spend a couple hours inspecting. 

. * Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)* Don't allow for your own independent property inspection* Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)* Require you to pay for any renovation upfront* Sell only in cheap. low end neighborhoods* Don't accurately represent the neighborhood/property classification* Don't have consistent rehab standards for all properties* Don't provide a scope of work for the property* Can't provide references of repeat investors* Require you to close before a tenant is in place

(Purchase price, closing time, if furnace, stove heater,etc are included, financial, inspection, etc)

If you do an inspection and find up a chewed up molding, schedule a repair and she pays for it (not at the end during final walk out, but scheduled inspections).

They'll need DOB permits and inspections, possibly the fire department too.