I would have answer to the questions then with those answer, I would ask, can you find a better deal (equity, cash flow, appreciation potential etc.) that better fits your portfolio and is it worth the extra time?

Also, note that it is hard to accurately judge an area from afar based on exterior physical characteristics.

Short-term maybe short it, for the reasons you mentioned OP but this investment is a physical long-term one so you analyze it appropriately. 

With a manageable purchase price and the opportunity for high-impact renovations, it fit perfectly within our investment strategy, promising a solid return.

So, to try to go a legal route because they might have fixed something a little over the limit isn't going to work.You will have to face that you selected someone that was not the right fit and be more hands on. 

Unfortunately, the tenant didn’t think me showing up to have a brief conversation was important enough to fit me in her busy schedule.

Numbers 2 and 14 seem to fit - the others are related to inflation and a tech bubbleclick to enlarge2.

But if you see the value in investing money into your own personal education, then maybe this could be a good fit for you.

BUT, if one could solve some tough problems….Look, I hear what posters are saying - and it might NOT be a fit for real estate.  

The house is a good fit for us, and we didn't want to wait.