Hey Rafael - thanks for the input, no offense taken...a little back story: I found an investor to buy the seller's remaining inventory 15 months ago for 4.2MIL, which the seller declined...since then, prices have dropped further, and now the seller is willing to take 3.3MIL...but now my investors are only willing to go as high as 2.4MIL, which he delined again...so the frustration comes from putting real offers into the seller's hands, and him balking waiting for the "pie in the sky" deal...he could have been done with this 15 months ago had he taken the 4.2, where now he would gladly accept that...problem is, market changed again, and he's not being realistic...so believe me, I did concern myself with the seller throughout this whole process, trying to get him the best deal I could, while still being fair to the investors...seller just seems to have unrealistic expectations, so my thought was to now see if I could go straight to the bank, and see if they maybe could help "convince" the seller to take what is being offered...you know, maybe hearing it from another source might strike a chord...in any event, since I started this post, the seller seems to be a bit more willing to discuss and compromise his position, and we are scheduled for a call in a couple hours with both potential buyer and seller.Keeping my fingers crossed...Thanks for your honest opinion...

Our privacy is being compromised by the county recorders office since they list our names in the Grantor index.

Don't let someone talk you into staggered SD payments or any compromise of this all-important standard.Let me know if you have any particular, specific questions as you drive further into the process.Peace,

I think Manor, Elgin, Taylor, Round Rock, Georgetown and Pflugerville are all excellent compromises to Austin due to the cost of housing in Austin.  

It will also make you compromise on things like price.

Let's work out a compromise.

I think that's a reasonable compromise. 

Also, i think you'd be putting yourself in a potentially difficult/compromising position if you actually tried to live in the sorority house.If you triy to rent it section 8 you'll be remediating lead, replacing windows, and possibly destroying much of the historic character in order to get it up to modern standards in a cost effective manner.  

Screen thoroughly and don't compromise!

As a compromise maybe you could offer an incentive for completing the job, since it seems he is in need of some cash flow.