Here is a part of the letter, I sent to the seller:The home inspection was completed on September 29th (please see attached) and the following issues were pointed out: 1.The wooden floor frame in the middle unit is deteriorating due to either prior water leak in the bathroom or due to moisture infiltration through the walls and foundation.2.There is evidence of significant settlement under the middle unit bathroom and north closet.3.The settlement of the floor and walls has also resulted in settlement of the roof frame above this area, ceiling shows cracks.4.There is an obvious depression on the roof – water is ponding on the roof above the middle unit, which adds excessive weight on the roof and potential for leaks.5.Asbestos containing material has been found.6.The current bedroom heat installations in the north and south units pose a safety hazard from carbon monoxide, fire and oxygen depletion.7.An electrician performing upgrades did not use ‘arc fault breakers’ in the north and south unit breaker panels, which is required by the national electrical code.8.Upgrades to the electrical system, promised by a real estate agent, have not been completed yet.

Perhaps some one equipped to evaluate the level of a slab foundation?

If that's the case you could qualify for a 30 yr conventional loan if the home is on a engineered certified foundation system.

It felt like the entire foundation needed reinforcing. 

@Anthony GaydenYes, but this tax structure makes it very difficult for the middle class to save, the foundation for most wealth development, including mine.Please tell me what index fund has generated a consistent year over year 10% return for you.  

I was about 5 days from closing on my first place (an up/down duplex + cottage)...when the lenders (a typical residential / investment lender) said he would not fund the transaction...because the appraisal came back saying that it was a "raised mobile home" - and they don't fund mobile homes.It wasn't obvious that this was a mobile home by sight - apparently it was just the foundation of the mobile home that was used and then was re-finished (new siding, new roof, etc).  

It sure gave me a good foundation to start from. 

Tell them you're finishing school to build your foundation so you'll be a better equipped investor and professional.  

I'm saying you should solve these sort of problems and build a strong foundation for yourself upon which to grow a solid business before you start, not after.

I am looking to lay the human capital foundation early on that will allow me to scale rapidly later on.Thank you very much for reading.Andrey