Ask for a house inspection as well as appraisal of the property. Make sure the house inspector has insurance for things they may miss that can cost you a bundle later.

These are the most important things to think of when buying any property.

My mother in law just bought a home with a house inspection. After moving in and the things that were in the contract with the sale of the house that needed to be done before possession became a huge problem. Basically its a new house after being completely gutted. All on the dime of the inspectors insurance for a poor inspection.

Mom got the house she wanted in better then ever shape than she could ask for on the lakes edge where she can watch the sun rise every day.

On the rental thing.... renting is great when it gos smooth. Pricing is important too high they don't pay too low you get the riff raff. I have rented land to different tenants since 1992 and it can be stressful but with the right tenant it really can be nice.

Cheers Don.

Last edited by DonoBBD; 02/16/16 10:30 AM.
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7/8th of an acre, Perch only pond, Ontario, Canada.