Only government and insurance companies insist on not letting go of mail.It's good asset protection.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Sounds like you are in a pretty strong financial position.

We decided the cost was too high and it was not worth it from a financial or risk perspective.  

I understand the seller wants to move froward, but if they are not willing to give you information on the asset that you're purchasing, that is certainly not a good sign. 

At the time it made financial sense.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lenderHow did you add value to the deal?

All of them are financially qualified and sound: 1.

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Whatever you buy you likely won’t keep it down the line as you better define your investment strategy, so my advice is to pick an asset that’s going to teach you the most in the quickest amount of time.