Longtime Listener first time poster.... With questions.

[Michael Gibson]

My wife and I recently made an offer on 8 units and it was accepted. Since then we have ran into some issues. First of all the owner of the apartments had passed away, his family was selling them. It was after we made the offer that the agent said they had to get the sale approved through court before they could sale. She said there shouldn't be any issues. We said that was fine. A few days later she calls and said the lawyer wanted inspection and assessment done before they went to court to find out if they could even sale. It's a few days before the inspection and the agent calls and says that two of the tenants refuse to let the inspector come in. Apparently the person managing them hasn't been too involved. That guy obviously needs to go. This is our first deal. We have 90 days from the bank. Who knows how long an eviction will take. We just wanted to get someone else's opinion. Do we walk from this deal?