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Advice for buying old homes

I see investment opportunities in my area for 2-tier/3-tier properties for great prices, but they all look old and could have potential big fixes.

Do y’all have any best practices or advice on how to make sure you are protected? Obviously the inspection is huge, but let’s say I see a home and I just assume I’ll need a new roof in the next few years.

Is it possible to somehow pay more in my loan to free up capital in the near-term (I’d rather pay for a $15K expense over the span of 30 years rather than all at once)?

submitted by /u/rwcg2d
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source https://www.reddit.com/r/RealEstate/comments/kmr32n/advice_for_buying_old_homes/
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