This model is very appealing to investors because of one class of shares, which means everyone is treated the same, and the cumulative nature of the pref. 

But it is a specific IRS procedure (Rev Proc 2000-37) where your QI takes title to the new property and holds it until your old property sells. 

Naturally, I have been telling myself to get my beak wet with a single-family property, first, and then move onto multi-family units.

I'm just not sure if I'm comping apple t apples due to the unique nature of this situation. 

Or do you just familiarize yourself with a home inspection checklist so that it becomes second nature?

For those that don't know I run a huge Property Management company, 1,000's of tenants etc....Running a company of this size there are things that come with the territory such as evictions, telling tenants no & things of that nature.

Not for the purpose of becoming an agent (I'm a software engineer by trade), but rather for the purpose of learning more about the real estate industry, with a view to perhaps starting a business tailored to the industry.I'm currently learning about conveyances and disclosures, specifically the Natural Hazards Disclosure Statement. 

I'm guessing that "non-trivial" could mean anywhere from $5,000 to $500,000 depending on the nature of the problem that the inspector missed. 

I'm currently learning about conveyances and disclosures, specifically the Natural Hazards Disclosure Statement.  

It's the nature of the beast, someone is doing a job and they want to get paid for it.