I had cost segregation guys run an engineered study, and the catch-up depreciation they uncovered delivered roughly $9,000 in actual tax savings on a $4,000 investment, a return that funded a meaningful chunk of my next down payment.

Dan is right in that if there is evidence of shoddy repairs then you have to assume there are more major repairs needed that the inspection didn't uncover.

In one case, a standard inspection uncovered electrical systems so outdated they required full replacement — a discovery that dramatically changed the investment profile before it became an emergency after closing.Financing should also be considered early, not as an afterthought.

Get a lawyer to know how much they are liable if they did not uncover or reveal the full extent of the damage.

Investors who really study operations often uncover opportunity here. 

Expanding beyond just a couple neighborhoods can uncover overlooked opportunities, and keeping an eye on areas with strong rental demand and solid cash flow will make your BRRRR strategy smoother.

Connecting with local wholesalers or investor networks in the area can also help uncover opportunities before they hit the MLS.

By cultivating these relationships, you may gain access to insider information and uncover hidden opportunities.

The moment you start getting into the walls you will likely uncover stuff that needs to be changed now which will add unexpected costs, in my situation I just wanted to make it look nice, didnt care about how the comps looked or how it affected the rental rate lol.

Sometimes a quick second set of eyes helps uncover an option that didn’t show up at first.— Christian