The Inspection That Pays for Itself 100x Over: A $300-$500 inspection vs. a $30,000+ foundation repair. Every one of these is common in investment properties priced below market. Due Diligence Types: Property inspection catches structural/mechanical issues. Title search reveals liens and disputes. Appraisal validates market value. Market study estimates realistic rent and sale prices. Title Searches: The Invisible Landmines: Unpaid tax liens, mechanic's liens, easements, boundary disputes — all transfer to YOU when you buy. Comparable Sales Analysis: Analyzing closed sales within a half-mile that match your property's characteristics. Adjusting for differences in condition, size, and lot. The Skip-and-Pray Strategy: Properties priced low often have problems. The seller knows. They priced it to attract buyers who won't look closely.