Looking at your idea (at scale) will reveal some challenges.  

Slowly but surely though, things start to reveal.  

Don't be afraid to walk away if the due diligence reveals major flaws in the story, but also don't hesitate to make a lower offer price to make the (actual ARV) numbers work before you do walk away, if that's the case.  

Kitchen - Arquilla Drive, Richton Park, ILTo improve the kitchen layout, we made a slight modification by creating a bar and connecting it to the opposite wall. It made for a much better design is this space! We also...

Seeing them in person revealed they were in a large project style complex that I was uncomfortable investing in..  

When is the right time to reveal your seller financing intentions (before or submit it in with your initial offer)?

It is detailed in my contract that if the inspection reveals material deficiencies, I can cancel the purchase contract and get my deposit back.  

I'm not familiar with the area, but a quick search revealed it to be a higher end community. 

The credit report will reveal specific weaknesses... hone in on the ones that relate to being able to be a successful tenant.I wouldn't pass on them because of the reasons you stated.

This is all they are entitled to collect, any money above that balance goes to the owner, or subordinate liens.2) if they realize the property is not worth nearly what they are owed, they can bid up to a number lower than what they are owed, realizing they will never get the full amount owed.Sometimes, when these bank bid numbers are known/advertised, it will result in skewed bid results.....here bidding starts at $100, if the bank reveals they are bidding up to $180k (amount owed), on a property worth $100k, then no one bothers bidding, so the banks "buys it" for $100.Don't understand your reference to "doesn't the bank have a liability of $140k"?