Red Flags From Seller?

[Maddy Cooper]

My partner and I have a 4 unit under contract. The owner is a contractor who is looking to unload the property to invest the equity into another project. With all the tenants in it, he claims the cashflow is insanely good. He has provided us with these Word Document leases that look like he wrote them himself. We want to see signed leases as well as his schedule E. Its been over a week since we have asked for this and no sign of him saying he is going to share these with us. Is this a red flag? Our inspection is tomorrow (Wednesday) and if he hasn't given us these documents by tomorrow morning, we are pulling out. To us, it doesn't make sense to spend money out of our pocket until we are sure that there is nothing shady going on. 

Thoughts??

[Maddy Cooper]

Thanks everyone for your input! In the 11th hour he provided us the schedule e and has agreed to having the tenants fill out estoppel agreements. We've decided to move forward with the process and will continue with our due diligence.

Thanks again everyone!

Maddy