We paid around $300 to have this done, although the appraiser was terrible and was 100k low on what the actual appraiser came in at.This was due to the specific appraisers lack of experience as well as a serious lack of comparable properties in the area. 

If they are unable to compete with the rest of the market's prices that shows a lack of experience or skill.

Im currently paying 2500/month for rent and I’m thinking of trying to purchase a duplex/ 2 family home ( with co signer due to lack of w2 history) and house hack to save some money and get the full buying house experience.

@Bellman Tumasang I do small balance commercial and agency commercial nationwide.

I have some good leads but have not pushed much further due to my lack of capital.

@Cassi JustizIs due diligence (or lack thereof) not the iceberg than sunk the Titanic?

Im sure someone will come on here and try to defend it, but as Krugman insinuates, anyone who does does not even lack a year 1 college education in basic economics.

I have 3 homes my mother left to me, which he has a stake in due to the lack of dissolution of their marriage.

I also really appreciate the discussion that the person might be under conservatorship for their mental disabilities and perhaps the contract is voidable for lack of capacity.I would go really hard on due diligence for this one. 

The property was 100% occupied when we purchased it thus we were able to get agency debt via Freddie Mac.