2nd. YOU hire a Licensed Housing Inspector. NEVER EVER use any inspector the seller says to use or even hints to use. Red Flag
3rd. If your research finds you that it will do what you want it to do all the way around then it's considered a good deal.
things like: COST-If a property is say 35k, as is, built back in 56, take 6k to fix it up for future use & the same property, as is, same layout-so on
was built in 73 , cost 2k fix it up & cash out the door is 48k then that's considered a good deal.