they said around 90% of market value.I tried to get them to understand that this property needs a LOT of work, almost a full gut, some holes in walls (small) old carpet needs to be ripped up, i mean like the works on this thing, you can prob get away with touching up the kitchen since its real hardwood and the bathrooms as well but this prop needs at least 80k.Found out owner actually owes 140k on property, and zillow is zestimating it to be 127k.

So I never turned people away simply because they don't meet one or two criteria.

I am guessing his hands are tied as Norada is simply the marketing company and I am guessing no operational control of Wagner.

It's simply overwhelmingly nuts. 

Ultimately, I wound up doing a 92-unit deal my first time around and realized that part of the reason I was struggling to win deals was simply because I lacked the credibility to be do so. 

We did have a few called and we simply cut a check to retire the mortgage.

We appreciate your support and understanding during this challenging time.A medical note attached simply says "1 year leave from school for medical reasons"Please advise on what is the best recourse in handling a situation like this?

. $800k/annually less 38% taxes= $496,000 annually=$41k/mo.I was simply answering what it would take to yield $40k in cash flow monthly, that is all.To answer your other questions, I don't know what you're buying with $1M that produces gross $30k/mo.

My question is - Shall I simply not take a chance with her and inform her that I have found discrepancy on her application and her background and just ask her to evict?

You’re simply using some of the money you’ve already saved for your purchase to show the seller you’re committed and serious about buying their house.