I always like to remind myself that one wrong ignorant move can alter my livelihood. 

Am I making a deal out of nothing, or will I possibly need to get drawings altered at some point?

I suppose If anything big comes up though, the price could be altered or the seller could possibly fix some things up.

So depending on the size of home you are purchasing, it can drastically alter your underwriting.

The big question would be if it was done in an entity that flips, or holds property as well as holding period.There are some things you can consider doing that could assist in altering the nature of such transaction.

In the end though (and someone already mentioned it), relationships and trust are what drives people to make life altering decisions.

In addition, when you alter your criteria along the way, you open yourself up to fair housing violations- those are not fun. 

This alters how rents are paid and collected.

We don't know what we don't know and we only get data from the MLS and we are not allowed to alter or improve it.

So, refinance does not alter your depreciation.