Either the agent "bought the listing" by promising some ridicules price, or a stubborn owner who put a couple grand in upgrades and expects to get double that back plus labor.Bottom line, if the house was burned to the ground, infested, with 2 liens, but was worth $800,000 and would only take half of that to make all the problems go away... and the asking price was $1000..... it would be sold by nightfall. 

Did TSP on the walls but ended up having to call one of those companies that you call after your house burns in a fire.

They just wanted to ensure they got their money back because they had been burned in the past so I offered up the balloon payment, which they accepted.So, in my opinion each seller financing situation is different.

We are being interviewed by an investor that has been burned in the past (previous manager was a single real estate agent who was unaffiliated with a brokerage or a management company, he took off with about 60K of this investors funds).

While I would say that the majority of investors operate at a level where you understand how small of a world it is, and understand the damage burning bridges and relationships can be...

I was burned on a deal like this - a busy street in this case. 

Burn it up!

I even put a property before my 4 plex under contract and burned $400 on an inspection, but walked away after realizing the renovations would make it a bad deal. 

Stealing power is the least of your worries, this guy could burn your place down and kill somebody.

Make sure this is a voucher for all of the rent for as long as the term is, I got burned very bad  by this because the voucher was only for  1 months rent but I was lead to believe  from tenant it would be an on going payment.