You may want to look into how much the inspections cost for that in your area.

I recently realized the city requires all single-family rentals to undergo an inspection process and $65 application each time the property changes tenants.  

So you see a cheap property you like the price on it.. what are the exact questions you ask the wholesaler or seller before you decide if it’s worth your time putting in an offer and moving to inspection?

From some research it seems like water sensors near water appliances, quarterly inspections, water proofing under sinks are some ways.

The only way I see you being denied is if the property does not pass the physical inspection, which simply requires a clean home with no safety or health risks.

Can they afford the initial build-out to transform your space to a restaurant that will pass health inspections and have enough funds left for the start up, food cost,  and marketing?

Be sure they perform annual inspections and preventative maintenance services.

I would suggest having a 10 day inspection clause in your offers and then you have a way to back out if you can't find the money.

When tenants did it, had neighbors complaining, neighbors reporting it to the town, town got after me, threatening fines, and I had to go to inspect.

https://lasvegassun.com/news/2019/feb/02/stratosphere-rebranding-the-strat/I actually almost bought a 24unit in that area last year, we found a few things during inspection that the seller did not want to fix / discount for, which ultimately killed the deal.