The price reflects numerous criteria.  

Total principal and interest reflects the total amount actually paid, given the delay in first payments following the purchase and refinance.Overall cash flow was only $1,047.

Good points from @Ashish Acharya  as far as the accuracy of the K1, the business income should reflect the actual net profit of your company, and the distribution amount should reflect the amount of those earnings (or capital funds) that were withdrawn from the business (to your personal accounts).It would make sense that a lender would want to see the funds actually flowing out of the business to make sure the cash is there to service the debt.

@Skyy Dugger if you decide to place an offer make sure the offer reflects the reasonable amount it would cost to remove the tree and repair cost for any damage the tree caused.  

Dominic,You do not need to wait two years with a fully delegated bank/lender you use the 1st year plus a current profit and loss with bank statements to support deposits reflecting income. 

@Kar SunMy apologies for not being more clear...we did NOT want to have 150 calls - it reflects the lack of housing in this market. 

If anything indeed changes, it usually takes 6-9 months for the prices to reflect.

I understand that the lease comes with the property but I am assuming that a new lease will have to be written and signed to reflect the change of ownership. 

Where is that reflected and how do we (or should/can we?)

Obviously, if she/they don't pay the mortgage, that will reflect on your credit.