The last thing you want to do is put a deal in a contract pay money for inspection and get an appraisal when you could have just ruled it out from the start with that.

But remember that what is favorable now could come unfavorable in the future as they readjust over time.Reasons many landlords avoid vouchers include the hassle of the extra inspections, the perception of a worse tenant, and maybe the inconvenience of getting rent from two different parties. 

@Danny RandolphYeah, I’m currently in the construction field and we usually get a 20-40% deposit, then get draws after certain stages/inspections have been passed

Lots of houses have flood designation amendments if they are up against little creeks, so they wouldn't disclose any issues because they had their boundary inspected and ruled OK.

He bought the property pre COVID, so his cash flow is definitely going to be different than what mine will be.The question I'm wondering if its a good idea and if the numbers make sense.Purchase Price: $100,000Down payment: $20,000 (20%)Current cashflow: $900Property manager: $90 (10%)His expense for 12 months was only $1,430 (inspections, repairs, management, eviction services). 

As for security in occupied houses, I don’t have a definite solution - it’s just that opening doors is a low-value task that a busy buyer’s agent probably shouldn’t want to handle.Any decent listing agent will make sure a buyer has at least visited the property before submitting an offer, otherwise their chances of backing out during their inspection/ due diligence window is much higher.

Quote from @Corey Gelineau: The inspection contingency is used to legally back out of a contract due to the property being in an unacceptable condition upon inspecting the property.

So if a bathroom sink is going to be replaced in exactly the same location, you'll be fine, but if you're moving it a couple feet over to accomodate a larger tub, then yes, you will need a peermit and inspection.

The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

For a closer look at this property, you can explore the photos here: https://www.dwell.com/home/aura-small-home-plan-bc2c7082Why Build New in Griffin?