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Updated over 8 years ago,
Need advice on a "methy" problem - fourplex deal
Sorry to jump the forum like this with no history here, but I'm desperate for advice.
I'm under contract to buy a fourplex in salt lake city (hot market), and the inspections have been a little nightmarish. I can still get out, and am wondering if I should.
-One unit is above legal limits for meth and needs remediation. Another unit is borderline.
-Built in 1915, very old wiring in attic ($5,000+ to fix)
-150 square foot addition not on foundation ($5,000+ to fix)
-Portion of sewer line underwater, found by using a camera to inspect the line (? to fix)
Should I walk away or negotiate? How much of a discount should I get?
Thanks in advance!