I believe it's because the property is being sold "as-is," and they are unwilling to make repairs or negotiate based on findings.

I got the property off-market for $250k from a trusted family friend.

A property is available off market that seems to be a great deal.

Purchase price: $325,000 Cash invested: $50,000 This time I acquired a property that needed little to no work.

I don't get the term "DSCR loan"   I mean all loans for 5+ units are based more on the property than the buyer.     

Having said that, I am a bit concerned as it relates to the overall market, especially in class C properties and most especially class C properties in border states. 

Plus, if the property is in a desirable location, you may have little trouble finding tenants.However, there are potential cons to be mindful of.

My wife and I have an opportunity to purchase a property in South Lake Tahoe from her father.

Also, due to increased liability exposure property insurance premiums is adversely impacted causing fewer and fewer building owners to seek out ATM tenants.

He can fight the seller to still buy the property but you are out of the deal and want your money whether he signs cancellation or takes it from his pocket.Key thing is focus on your agreement / contract and your rights.