It's probably much cheaper to sell than to hold onto it and potentially lose far more.

Both the replacement properties are duplexes of similar size, but the one I'm interested in selling is the cheaper one ($157,500 purchase price vs. $170K purchase price). 

@Jennifer Marshall you may have already been advised this, but these days there are a lot of cheaper granite options out there.

Recently, I was told by my agent to invest in apt. condos (much cheaper than the houses).

It usually means someone is overpaying or they have a way to repair it cheaper than you.

Typically you add the costs to the loan balance, but closing costs arnt any cheaper on a refinance.

Your other option is just to buy more insurance, which is perfectly fine and probably cheaper then setting up a LLC

I wished I got it even cheaper (33.5%) discount.

It would be great to pick it up at a discounted price.I was wondering if anyone has ever been in a situation like this, and either A) tried contacting the owner (company) direct to see if they are motivated to sell much cheaper or B) working through a realtor just make a much lower offer?

In San Diego the well and septic option is cheaper than the water/sewer provided by the various water districts.