It would seem you're eager, but that eagerness can lead to emotional decisions about a property and you'll end up down the wrong road if you jump on the first MFH that has a gorgeous view or was just recently updated inside.  

It wasn't clear what the objection to PL's was other than you seemed to think a deeper discount means a better deal.  

It's seems like you are emotionally invested in going through with this deal.

There is not enough detail about the fund to really dig deeper into the potential results.  

Residential sales can be emotionally driven, while commercial is very business based.

2) If seller's agent was blowing smoke then walk.3) Don't waste time and emotional energy on it in addition to losing a few bucks.4) Focus on the next deal instead of the misery of this one

Someone in debt can easily dig a deeper hole by getting rental properties.

The property tax is actually a lot higher after diving deeper into it.

You will want to dig much deeper than internet forums or even the sales reps at most self-directed firms to ensure you have a strategy that will produce results without unnecessary regulatory risk or too much administrative overhead.  

Originally posted by @Michael Gansberg:  Hi Michael - I went ahead with removing Pop corn without getting deeper into what you said but now HOA want me to clean up or remove contamination due to asbestos.