Quote from @Bill B.: You should definately pay it.

@Andrew B.

@Raymond B.

Tenant in upper level unit #B will be billed based off of 2,537 total square footage, of each bill.

I hope you had a Plan B, in the event you needed to close. 

These include (but are not limited to);a. a drop dead date for her to refinance and take you off the mortgage (5 years, whatever);b. trigger events for her to refinance regardless of date (birth of child, remarriage, failure to maintain the house physically, cease using house as primary residence, failure to pay insurance or property taxes, no "subject to" sales and etc., etc).and no doubt a host of other things.Then there's your remedy if she fails to keep her end of the bargain, including who gets appreciation, right to possess or maintain, etc.Your credit score is far down the list of concerns

@Bill B. like Bill mentions we go through the house twice before we close with our sheet rock and painters to make sure its perfect .. 

For me I would rather have fewer high quality properties (Class A and B) than more less expensive properties (Class C). 

I'm not taking significant risks with new projects at the moment either so I'm not in a huge rush but also don't want to lose money as time goes on.I decided to build this property in an up-and-coming area (B- grade) with an estimated rental value of $1800-$2000 per month.

Spouse A declares bankruptcy which delays foreclosure for 7 years then Spouse B declares bankruptcy for another 7 years so these families live mortgage free for upwards of 15 years.