On the downside, I can't say it's perfect and the flaws will present themselves as you get more experienced.

I was just curious if a landlord is legally suppose to inform potential hazards that are discovered in an inspection report?

I wouldn't find that out until the sale commences with a future buyer and his title search discovers the encroachment issue.

Coincidentally we discovered he got into a financial bind so we quit claimed him out for 45% plus costs & did he ever ***** about it to our attorney. 

I probably annoyed the building inspector with all the questions I asked, but learned a lot from him.As far as subcontractors goes the bidding process takes forever, and the last building I discovered the importance of asking good contractors who they recommend for other contractors.

I am kind of regretting scheduling this call since I have discover BiggerPockets, but I figured I might as well hear him out.

The next morning, Jimmy's step-sister discovered Jimmy lying on the floor with his head pressed against the hot radiator.

I looked up the tax records and any other information I could find and discovered that it was a motel that was condemned after many code violations resulting in injuries.

In time my guess is you might find it a bit frustrating and discover that you actually make more, and faster, by partnering with an established local firm...which is why I brought up syndication investments.

The numbers made great sense to continue with this rental purchase.I recently discovered an interesting duplex rental in West Palm Beach, FL, not all too far from where I live.