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The Water Cooler
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Should I buy this apartment investment property?
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<blockquote data-quote="dennishoddy" data-source="post: 2907019" data-attributes="member: 5412"><p>Yes, there is typically an unholy alliance between some real estate folks and inspectors.</p><p>Make sure you get a home inspector, and an electrical inspector. If possible hire them from a nearby town.</p><p>I'm well versed in electrical code. When we bought ours, the inspector missed a half dozen blatant violations like open receptacles with no covers in the garage, and SO cable running to the water heater from the Circuit breaker box, vs Romex and armored cable coming out of the 4square make up box.</p><p>The plumbing inspector was a buddy of the owner. 6 months later we found 1/2 of the faucets outside were leakers. The owner had stuffed paper into the bibs after removing the handle/gaskets.</p><p>Find out the history and age of the AC units.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 2907019, member: 5412"] Yes, there is typically an unholy alliance between some real estate folks and inspectors. Make sure you get a home inspector, and an electrical inspector. If possible hire them from a nearby town. I'm well versed in electrical code. When we bought ours, the inspector missed a half dozen blatant violations like open receptacles with no covers in the garage, and SO cable running to the water heater from the Circuit breaker box, vs Romex and armored cable coming out of the 4square make up box. The plumbing inspector was a buddy of the owner. 6 months later we found 1/2 of the faucets outside were leakers. The owner had stuffed paper into the bibs after removing the handle/gaskets. Find out the history and age of the AC units. [/QUOTE]
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