My professional experience come in the form of mortgage originator with Wells Fargo and lead residential appraiser for multiple cities in the Hennepin County Assessors office.

I was lucky they didn’t assess me multiple violations over a couple month period because I was not aware of it.They don’t teach you in the guru classes to make nice with the city inspector office so they don’t fine you repeatedly for something as simple as grass lol. 

I'm preparing to take the test very soon. 

While I have considered the Vegas market for multiple reasons, I am focusing on Southern California for the foreseeable future.

I would echo the advice above about waiting before making hasty decisions and TESTING out whether you really want to be an active investor. 

This allows them to acquire multiple properties building their portfolios.

The way to prepare for it is to stress-test your income and expense streams.

If you are shopping on the MLS, then you need to be watching it multiple times a day.

The types of inspections vary by property type and situation (and locale), but in Illinois, a licensed home inspector generally inspects the home first, and other inspections and tests (for things like lead paint, asbestos, etc.) can be ordered if revealed to be necessary by the initial inspection.Based on the outcome of inspections, buyers may elect to ask the seller for repair work, closing cost credits, or a reduction in the sale price due to flaws that were uncovered.

Since you are a property manager , you probably know the area best and already have the answer to that.Otherwise find out what the demand is for the park by running some test ads.I’d find out about the area first before I look at theboark but that’s just me.Sadly I’m not experienced enough to give a more clear answer on whether you should move forward but hoping someone else chimes in and I wish you the best.