I've crunched the numbers and if I could purchase three four-plexes in the next ten years, that would give me the financial independence I'm looking for."2.

Then you've opened Pandoras Box and you instantly have the guys in the HazMat suits with fans and plastic sheets all over.....and a bill for $5000 for something you could have done for $50.I used to do this kind of work on the weekends when the city inspectors weren't driving around :-) haha , one time the hazmat guy come down to check for asbestos checking ; it wasn't that bad it's actually 2k and insurance company for that in my case.( To be honest, the house with water damage is good to buy because it scares the potential buyer, but if it's located in good location we could sometimes purchase the house with 10-30% discount lol but nowadays even FTHB knows this secret too so they still overbid the house )but yeah, to the OP, if you want to be sure you have to cut the drywall, the more the better.

Take 20-40% off that price, and you've got yourself a deal--that's your purchase price.

That will make the purchase void and tie up your money for nothing. 

This will give you an idea of where to be on purchase price, what you need to do to make the property similar to others in the area, and what you can sell the property for (ARV).2.

Maybe a choir director wants to have practice 3 nights a week.I've had plenty of people for both purchase and lease want to live within walking distance of their place of worship. 

I purchased a 3/2/2, 1366 sqft rental home built in 1986 (roof 8-10 years, no pool, smoke alarm, etc) in May 2023.

My wife and I are each contributing to the purchase and we would both like to be on title. 

We'd likely be able to purchase a fixer home with little debt.

I purchased a 3/2/2, 1366 sqft rental home built in 1986 (roof 8-10 years, no pool, smoke alarm, etc) in May 2023.