Whenever I tag along for an inspection, I'm always asking questions that are of concern.

A few years ago talking about any liability by owning notes was not necessary, however we now have 3 areas of liability concern as a lender.

They're still selling though, so obviously there's still ways to profit from them (Cali appreciation, paying tenants to leave, waiting years to get to market rents, etc.)Anyway, you're not the only one concerned about their local market.Good luck!

I wanted to bring up a concern of mine as a rookie investor.

We had to take them down and open up the wall to address some plumbing concerns so keeping them was just not feasible.

Here are the items of concern (to me) that are listed on the inspection report.Roof appears to be 15-20 years of ageMold buildup on the foundation walls and support joists/subfloor.

We are likely to hire a real estate attorney to ensure that our interests are covered as thoroughly as possible so my concerns are limited to negotiating based on a single realtor in the transaction.

I am obviously stoked about this deal but also concerned about the long term implications for the economy as a whole.

I am also concerned about vacancies.

Because you are smart - your concerns are very legitimate.