He discovered that the floor joists were not done properly, the floors were sagging and the house needed to be jacked up, the bathroom plumbing was done by a clown, the kitchen wall was floating, as in, there was no 2x4 on the floor anchoring the kitchen wall, the kitchen cabinets weren’t screwed into the studs, the floor under the furnace was sagging, and the pipes for the washer had been cut, which was not disclosed on the seller’s disclosure.

At least then you can anchor to a lower price in negotiating.

It replaced another porch that was built before I was born and was crumbling because it hadn't been anchored to the bedrock properly.

My thought was to set the anchor for further negotiations with the reasoning being the information about the rents (which likely came from the seller's agent, although that's unverified).

It's no different than any other form of psychological anchoring.

Is a unit right next to the entrance of the strip mall more desirable than a similar unit nestled in the back but next to the anchor tenant that draws heavy foot traffic?

When negotiating I would recommend anchoring the seller at a reasonably conservative ARV and negotiate it down from there.

The owner put an anchor system in place to shore up the wall, that they claim is guaranteed for 23 more years.  

If it is, you might be able to move it without too much hassle depending on its size, how it's anchored to the ground, and if there is electricity run to it.

Respond quickly, anchoring closer to the realtor's suggestion, maybe offering $89,000, again highlighting the comps.3.