I do see that our fears revealed real risks based on what you said.To finish the story on this opportunity, it was not a deal. 

She revealed that she wants no less than $125K - $150K in profit after both mortgages are satisfied.

The inspection will reveal much of what is going on.  

A quick Google search revealed that he was recently involved in a very large drug bust just a few months ago.  

The inspection revealed that there has been previous termite damage done in the wooden support in the basement.

Like dating, it takes time for such things to be revealed.

@Kathleen McCabe  The NAR Code of Ethics states that if another Realtor (member of NAR) asks if we have other offers, we must answer that question, but not reveal the amount or terms.When representing a seller, I've found it to be beneficial as it encourages other buyers to sharpen their pencils - although I've had some cases where the existence of competing offers causes a buyer to back away.My goal is to get at least two offers, regardless of how bad they are. 

The inspection revealed some foundation issues and I know I could probably re-negotiate the price a bit and the numbers would still pencil out.

We paid him the remaining 30% after it passed inspection.But we have also purchased investment properties that due diligence revealed had unsigned permits dating back many years. 

I should have asked before revealing myself as a Springboks fan.