The buyers had an inspection done and are claiming roof needs to be replaced because of hail damage.The buyers then had a roofing company come out and inspect the roof, the roofing company findings supported the conclusion that hail damage had degraded the roof.There have been no hail storms in the two years I have owned it.When I purchased the property the previous owner declared that a new roof had been installed in 2019.

Johhny x we shall call him buys a 30k car and says yahoo I got a great deal on this car its the best ride ever.

Account Closed You're right, the home runs definitely make the roller coaster ride of real estate investing worth it.

I strongly believe over the past decade that the country has been riding on the backbone of the commodity boom and the main driver that kept it out of the Great Recession, and hence, the real estate boom.  

It's incredibly insulated to recession, all of the off-market deals I've seen in the last year have met the 1% rule, we do have a bit higher insurance (1% of purchase price per year) when compared to some markets but it's only due to wind and hail affecting your roof.

.- no kidding...This market crazyness reminds me of 2004-2006 when everyone "have to get in and ride the appreciation train"....including myself.

If you build a business relationship, smaller banks and CU MAY will ride the storm out with you -- no guarantee.  

Is anyone needing roof inspections in jeffco on multi family commercial or investment properties from last weeks hail storm?

While it might be your goal to own the property indefinitely for cash flow, investors don't typically subscribe to taking that ride with you.

For example, in some regions a wind hail deductible of 5% is common while in others a flat $1,000 deductible is still prevalent.