1. "As Is" Property Inspections
Some sellers (such as banks) specify that a property is sold "as is." Of course all properties are ultimately sold with no promises other than those created in writing. We take our chances. But if sellers won't permit an inspector into a property, walk away. There is no great reason that a seller shouldn't permit an inspection, and the poor factors are a risk you don't require. Banks usually won't loan on properties under such conditions anyhow, so you might be in trouble with financing in any case.
2. Strategy For The Unexpected
Strategy on at least ,000 for "unexpected costs" when purchasing any real estate. 1 investor I know, who was extremely careful in his planning and had carried out numerous rehab projects, still discovered that he averaged a couple thousand much more that he estimated for total expenses. Even when you are purchasing a house for your self you ought to anticipate the unexpected, and make it component of your spending budget.