Im waiting to hear back to go look at the last unit.

And must be pretty significant unreported income if it would have caused $45k in state tax liability.You advised your client to wait past the expiration of state statute.

Might be a lawsuit waiting to happen.

Taking a trip to the city will also help you get a lay of the land and what you can expect from the specific market you settle on.

Thanks for laying it all out for us.  

Finally, someone responded on the 4th day stating they could not cancel it so I decided to wait for it rather than order a different one. 15 days later, they send me an email letting me know to expect the refund for that bedframe.

I received permits at the end of October and waiting for them to scrap my lot currently.

Should I wait it out?

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.

If after interest rates spiked a buyer waited for them to drop back to 7%, they would have waited 21 years til 1993 for them to get that low again.Hope he isn't holding his breath.