Around the same time, I began to discover self improvement books and of course happened upon Rich Dad.I have been steadily researching for all that time since, and trying to improve my station  and job expertise (pipeline inspection) to enable me to get real estate. 

You'll also need a contractor who is financially stable enough to pay their workers out of pocket for a few weeks at a time bc you will only be allowed a certain number of draws during the project after certain milestones have been completed and inspected.

Going forward we'll have an electrician inspect all properties prior to purchase with possible K&T, so we know exactly what we're getting into and can better negotiate the price.

Oh, and after my last offer was accepted on a $100k duplex, after the inspection I asked to buy it at $80k.  

But local governments are allowed to license and inspect properties.While the proposed changes would ban ordinances that specifically target vacation rentals, cities and counties would still be allowed to pass ordinances dealing with noise, parking and trash, so long as they apply to all residential properties, the bill’s supporters stressed Thursday.Much of the debate on the proposal focused on the property rights of people and businesses that own the vacation rentals and the property rights of neighboring homeowners.

Expenses to account for: closing fees, loan origination fees, realtor fees(when you sell), appraisal fees, inspection fees, utility fees during ownership.

I got outbid last week by someone paying cash/no home inspection/1 week closing even tho my offer was higher :( So, now I feel I must sell this house to have cash in hand to buy next time one comes up.

If you are past the inspection period window you are now locked into that contract.

I broke down the rehab costs that I expected and then made an offer with a pass/fail inspection and a decent amount of earnest money.

Inspections?