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Multi-Family and Apartment Investing

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Katrina P.
  • Investor
  • Randallstown, MD
56
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185
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Inspectors refusing to inspect bldg -- bldg has bad rep?!

Katrina P.
  • Investor
  • Randallstown, MD
Posted Jun 21 2016, 10:51

Hi everyone, need some input. I am considering a small multifamily that apparently had a bad bed bug problem in 2012, at which time, the current owner vacated the building and spent $7k heat treating. Since then, he has maintained a regular bed bug prevention program. Here's my dilemma: during my due diligence period, I have scheduled the inspection twice. First inspector pulls out without explanation; second inspector emails me yesterday saying "sorry, I have to renig. Word has it that this bldg is a mess and has a bed bug problem and it just has a bad reputation in the inspector's community." So i call him and he reiterates the same thing over the phone, and suggests that I contact someone out of the area who doesn't know about the building to inspect it. So now, I am questioning should I go through with the purchase? I have never heard of such a thing!! And it's raising a major flag for me. So has anyone ever gone through this? Any advice?

Thanks!!

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