Sometime the deal is good and you don’t have time to wait for an inspector or contractor to arrive to baby sit you through the walk through process: here are some major thing to look out for other than cosmetic to make sure there are no surprise during the rehab. I learned it the hard way unfortunately
The big 3: Roof, Foundation, and AC.
These are the 3 most single expensive repair for the house. If the roof is old, uneven, and you see leak inside the house. It would be a good idea to budget for the roof.
Same thing with the foundation. If you see crack in the door/window/ brick. Door doesn’t close. budget for the foundation as well. Nobody want to buy / rent a house with foundation problem
And then there is the AC. If it doesn’t turn on, or look beat up, I would budget for the whole system. it’s better be safe than sorry
Water Heater: If it looks beat up, it probably won’t work. it’s as simple as that
Main electrical box: replacing one will cost thousands. Make sure you look at it and see if it even there..
Termite: inspect any expose wood to see if there is any termite sign. punch the wall if you can
Plumbing: turn on all the water to see if anything doesn’t drain properly or overflowing
Tree: insurance agent doesn’t like tree hanging over the roof. make sure you budget to cut it off
Anything else that i miss, please comment below