, it's still highly unlikely that an appraiser would have given value to this bathroom in any case, so we're not losing anything from an appraised value standpoint.Seller should be more than OK with it once you educate them on the fact that of all the offers they are evaluating, yours is the only one willing and able to execute a plan to close on-time, without delay, in spite of the flagrantly illegal and unpermitted bathroom.

U will need a section 8 inspection so hopefully the house will pass that.

You can lose your butt out here if you don't buy right.

I was happy to exit quickly without losing too much.

Just like doubling down on a bet you could lose it all. 

What happens if you lose on it, you now have an additional liability, not just a loss of money.Are you planning on keeping the current property or exchanging it (1031) into something else?

If you don't want to manage the property at all, you are losing money on the management when small scale management is not hard at all with a little help.

We've successfully delivered over 550 investment properties to over 180 clients worldwide following this process, and:Over 90% of clients have invested with us repeatedly, showing they are happy with their investments.Our average tenant stays over five years.2008 crash - Zero decline in rent and zero vacancies.COVID - Almost no impactEviction moratorium - Almost no impactFrom 2013 through 2023, the annual appreciation and rent growth rates were over 10% and 8%, respectively.Jonathan, I hope this helps.

Maybe it’s making the world a better place, maybe he feels responsible for all the employees who have jobs that make their dreams and hopes come true?

Better to get what you can, than to lose it all.