Instead you should be pressing for price reduction and a better deal.

We're fortunate in that the weighted average interest rate on both her and my student loans are pretty low.

But they are worth their weight in gold.

Question:  when I submit it back to the seller would you typically ask the seller to take care of the larger issues, like structural issues, new furnaces and new electrical service or do you ask for a price reduction? 

Should I ask for a reduction in price or just walk away? 

If real estate takes up too heavy a weighting in your portfolio, then you'll be hurt more in a recession, deflation, hyperinflation, or depression.

There does not appear to be room for reduction in operating expenses.I am doing my own due diligence but would also like feedback from others in the local area as to what they think of the location, the property and prospects continued growth in the area and for increasing rents.

There does not appear to be room for reduction in operating expenses.I am doing my own due diligence but would also like feedback from others in the local area as to what they think of the location, the property and prospects continued growth in the area and for increasing rents.

We have units at the limit.Income 2.5X (in some instance we have it at 3x) rent: termination from employer or reduction in salary likely implies a potential issue making rent down the road. 

For example, if the expected market value is $200,000 I would sign a contract to purchase their house for $178,000 (11% reduction from $200,000).