I rented two floors and lived in the other for a few years.  

Quote from @Nicholas Hausmann: I live in St.

Be sure to have the gas, water and sewer lines inspected as these may be dug up or collapsed - and very expensive to replace/repair.

.: Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.

Utilities were only water and electric.

If the seller is insisting on a high price with not-so-hot financing terms, though, this may be a riskier project than it's worth.

They take the path of least resistance and always seem to blame their PMC for everything that goes wrong.Recommend you take some time to understand what the above graph represents and why your PMC is probably not the problem.Regarding your two PMC idea - how many water meters are there?

Your question about hydrostatic pressure is getting into the weeds for sure...I would ask myself, does the potential water infiltration have the possibility to damage the unit and tenant property?  

At that point in time the market was still hot for properties at my price point in my buy box.

Sad country we live in at times.