From the paperwork that I received (from a structural/mechanical engineering consultant), it seems that there was foundation work done to level the home and the final leveling of the house ranges from -1.4-0 in the garage and -0.3-0.1 in the home itself.The opinion of the company that did the foundation inspection is that the property is satisfactory and meets 2012 IRC building codes.

I'm an engineer looking to develop passive income.  

I do Quality and Reliability Engineering for a Railroad (the day job) but my passion is Real Estate. 

Since graduating from college in the midwest, I have been working professionally for a handful of years now as an engineer.

.+1 We engineers need to eat, too. 

There is nothing to fear about this market or its volatility ... market volatility can be your best friend if you know what you are doing and play it right on the upside, and engineer your investments so it cannot hurt you on the downside.

A good civil engineer can do this for you.

state engineered? 

I have always been a lifestyle entrepreneur from the start and when I was 15 my dad took me to a seminar called Ex___s Academy and since that day I've been trying to engineer a lifestyle that involves doing the things I love and making a living from it.

I can only tell  you how it is for us, but you can "reverse engineer" my comments to your use.My wife and I own 48 units spread over 11 buildings from 1-11 units each, within 2 miles of each other.