We always explicitly request shots of the roof, HVAC, Water heater, Electric panel, and all major rooms, exterior, and the neighborhood. $25-28 a job.

Take a leadership class, do power poses, shout affirmations at yourself inside your car on the drive over if you have to.

What do the disclosures say about lead based paint, asbestos, is the electrical and plumbing original or have they been updated?

However, if your inspection were to uncover a few items missed in your initial walkthrough, such as a soft spot in subflooring or an electrical issue, it’s a lot easier to ask for $1,000 here or there compared to a complete $30,000-$50,000+ rehab.The obvious answer is yes, bring your general contractor with you during the initial tour.

We have gutted the entire place, and because of the age (1989), are replacing every valve, electrical outlet, etc.Anyway, that's my sad sorry, and as much as I wish they would pay me for all the repairs I don't expect to see any money except that $600 deposit (already spent all of that on the dumpster).

Who ultimately gives the bank the power to foreclose?

They win the money, but not the mindset.My advice is read mindset books like Think and Grow Rich or Tony Robbins books such as Unlimited Power. 

Dan Powers - New Western Acquisitions

Then build MULTIPLE streams of income, the type of income where you earn even while you sleep, month after month, year after year.Top that off with the power of compound interest, the ability to leverage other people’s money and the multitude of other benefits of owning cash flowing real estate and it is easy to see why real estate is responsible for creating more millionaires than any other asset class.BUT (and this is a huge BUT)…many of these benefits are almost exclusively reserved to those who actually OWN (or at least control) the real estate.I’m sure others will have differing  opinions. 

A water heater runs about $400 for electric and probably $500 for gas. (40 gallon) and about that much more for installation.