But if it didn’t have the services and infrastructure surrounding it that could feed it with tenants and that’s why the previous owner failed, that’s harder to overcome.

My eviction attorney failed to inform me that evictions can occur on Saturdays.

Feel free to message me if you want to chat more, I'm happy to tell you my story of getting started, failing, and getting back up. 

One would be to lower purchase price to cover those expenses and get work done after settlement before winter sets in and causes even bigger headaches when things start to fail. 

You have provided no evidence to the contrary except testimony that a bunch of high priced CPA's whom also fail to understand the tax law.

Not only CAN you fail, but you WILL fail.

So I would start by apologizing and try to deescalate the situation, if it fails then follow what others have said.

Only way to ensure failure is to never try ;-)I’d rather try and fail.  

Just completed a buy for a $250k single family home from a sale by owner , thought it was an ok buy based on her initial list of $266k . No commission to buyers agent or seller agents . Bought this with a FHA owner oc...

That's when I learned that none of these unanswered questions were relevant to running a business.My business failed after a year, but I managed to find a W-2 job (technical writing) that combined the mission of my failed business (freelance writing) with my previous W-2 career (computer tech).