I'm under contract for my first properties in Memphis and am looking for recommendations for a home inspector.  

However I’m seriously considering purchasing a property in the Midwest and would like to put the property under my LLC.

Get is under contract with financing contingency.

Usually 3 or 4 roommates will rent under the radar till an unfriendly neighbor turns you in.4.

You do not want it under priced, but it should have rented if it is comparable to others like it. 

., Syndications must be set up so you are purchasing a tenant in common interest of the underlying real estate in order to be eligible for 1031 treatment. 

I am having a hard time figuring out how to get a wholesale property inspected or repair costs verified by a general contractor before I put it on contract. 1) First difficulty is finding a good contractor to look at it before it's under contract since the good ones I know wants it to be on contract first. 2) The second difficulty is what if someone else puts it under contract while I am still having it looked at?

Do not expect them for nothing but if they can depend on you later they might work for you and/or get paid later, some of them will work under those circumstances.Good luck to you!

Many folks under estimate the cost of the rehab and think that it is worth more than it is after the work is complete. 

As a general rule of thumb avoid anything under $100k, the pro forma numbers will look way better than the actuals, and avoid flood zones.