Good ones can orchestrate the best outcome even when the chips are down, while bad ones can totally screw up what started as a great real estate deal. 

That will give you a good bargaining chip in the negotiations.If they are selling based on income approach then that’s the way you will have to go.  

Also, each of the siblings ended up with a little cash from various retirement/insurance accounts so they all also agreed to chip in towards a "buffer account" for those unexpected things.Ultimately, while the long term interest of the home is preserved for ALL the siblings, my wife and I get the immediate benefit of adding this home to our assets which in turn will give us access to it's large amount of equity for future deals.And the final awesome thing that has come out this was what one of the siblings asked me. 

This can be used as a bargaining chip if there is anything wrong with some of the units. 

It will still be an investment due to the blue chip location, but I’m just thinking of it as our second home.

A new slider window pane a week after install, probably a chip at the edge of the glass during manufacture.

Just keep collect more, and more, and more chips while the table is still red hot.

Each year gets better and better but you just gotta let the chips fall sometimes @Stephen Moore - Well I got licensed as an agent in 2004 and did the retail side, absolutely hating it and quitting after 9 months. 

Just keep chipping away!

Not a happy experience there since I was originally quoted $12k to close this deal and it changed overnight.Additionally:  The bank required repairs which I could have easily performed myself: Installing new windows, paint the chipped paint on the stairs, repair side porch deck, demolish shed.