If there is live infestation I'd get a structural opinion from the inspector.

I do remember that from earlier days.. a good agent leads you to so many other good people... inspectors, contractors, lawyers, money, etc.Right now I'm making phone calls and emailing agents, fishing for a good match.

So, if you pull an electrical permit to move some wiring and the inspector notices that the plumbing, insulation and duct-work aren't up to code, he can require you to fix all those things as well.So, if you plan to pull any permits, you should be budgeting to fix anything in the house that's not up to code, just in case the inspector calls it out and requires you to fix it.As an example, I finished a property a couple weeks ago, called for final inspections and the inspector required me to replace the bathroom window with a tempered window.

I also thing through the course of servicing retail clients you will get to know other people in the process who are just as important as other investors such as inspectors, appraisers, mortgage professionals, other agents (possible investors), etc.

Shane Woods With either agent, do not use the professionals they recommend: inspectors, attorneys etc.

Most home inspectors are knowledgeable about the physical property but not as much about multi-family life safety codes (in particular fire protection such as sprinklers, interconnected smoke detectors, wall ratings, egress, etc.)You also might want to obligate the seller to obtain the CO.

I have thought in terms of real estate agent, real estate lawyer, home inspector, etc.

They person at the counter isn't going to flag your property and send an inspector over.

Solution- lower purchase price enough to make lender comfortable, or hire a qualified site inspector with more cojones.Case #2: Rural property.Solution- Decrease LTV with less attractive terms, meaning worst case scenario you make a lot of money on the debt and if you have to foreclose, you can sell it a price your borrower couldn't.Case #3: Poorly capitalized borrowerSolution- see Case #2What you meant is that the numbers don't make sense.

Inspectors aren't going to provide you bids.