The home inspector told me to have kickout flashing installed on the small gable because right now it doesn't have it and the rain water is hitting the side of the house instead of being thrown away from the house....So I was having some other roofing work done and they told me it would be $200 to add the flashing.

I usually have an inspection done, either with my property manager (former licensed contractor) or a licensed building inspector if warranted.

that's more items than a section 8 inspector can find!

If this is in the Indianapolis area - how will you market it with all the vacancies there?

Needless to say we didn't close on time and only closed after I paid the double fine and jackhammered out the new travertine and plumbing in the bath to show the inspectors.

I went to an investor meeting the other day and several from the WA area are finding some good deals in the Indianapolis, IN area.

Get 5,6,8 references on each contractor, inspector, agent, lawyer, etc that you want to work with.

If the repairs are something the buyer will do during a typical walk-through, you're going to limit your buyer pool considerably, as most buyer who don't have construction experience will likely be scared off.But, if the repairs will be hidden, and will only be seen by the inspector, that's not nearly as bad (though you still need to disclose to the buyer, they won't have to stare at it).I remember the one house where I did a foundation repair that was very obvious (see pics here: http://www.123flip.com/house-4-rehab-offer)...we got lucky and resold it in a week or two, but the buyer happened to be a GC who recognized that the fix was actually a good thing.

Not much of competition if there spending there time taking your signs down...I would like to think its someone wiht nothing better to do, or one of the city inspectors flunkies.

It's not the prettiest of places, but it was where I have networked with many local investors / realtors / inspectors / and RE professionals.