Everything is tenant paid except a common shared lights and stuff ($50/month max). 

Common roof deck w/ sweeping views, laundry right outside the unit.

We've been advised by our insurance agent that theft isn't covered on the builders risk policy, and every policy excludes theft during remodel or construction phase since it is too common and easy for fraud.

There are other passive options like opportunity zones, tenant in common structures or GP/LP syndications. 

Is this common practice?

Common sense would tell me to share; mostly concerned about liability, etc. 

Then you may be able to negotiate, if you can find out the reason why they're asking you to waive the inspection contingency you might be able to find common ground.For instance one property we purchased we came across a similar situation.

This is exactly what I was thinking about and I knew it was common in NJ.

It's all there.If this breakdown in communication is going to be you pointing out that the lease clearly says the tenants are responsible for X, and then people start flipping out the you should really consider moving on.The most common thing I say on a daily basis "What does the lease say?"

I’m the buyer, my agent and I were going back and forth with contracts. I would sign, we would talk, change it again, he would send, I would sign etc. We did this 3 times. And on the 4th he put in the wrong offer pric...