Prepare to be mesmerized as you indulge in the opulence.

After cooling down, I thought about it and decided to share the experience with others so that collectively we are better prepared to address these types of responses and determine how best to respond to them. 

In my case, I was several thousand below what I was prepared to pay so I sucked it up. 

@Jayden Gales- thanks ..if you havent already done so - get  formally pre approved with a lender that offers the programs you are considering ...getting pre approved  will help you become educated / prepared  for the next step .

I've prepared for this mentally but it still doesn't prepare you for the reality of losing the money.

A lot of the food/bar scene is centralized in downtown Denver, so it's not ideal. 

Owner needs to pick them up in his truck every day, pray that there are no parts to return needed and unavailable, watch for the health and safety of every grain of sand, serve food, motivate, problem solve and never cry.  

However, when an LLC owns the property, it will not be in your personal name, which can result in higher interest rates on financing.This is just food for thought to give you a full 360-degree perspective on the topic.

So, the seller was NOT AT ALL equipped to deal with the difficult tenant situation and the agent wasn't prepared to put a lot of effort into a troublesome deal that was of low value.

Most 5+ units require a commercial appraisal, be prepared for an appraisal investment of $3-4-5k depending on your area and how many units.