Condos are still selling at the complex.In the opinion of experienced people: is the 24% delinquency a deal breaker? 

They won't stay if they can't plug in a cell phone without tripping a breaker or if the neighbors use all the hot water and they end up taking a cold shower.

Here is a part of the letter, I sent to the seller:The home inspection was completed on September 29th (please see attached) and the following issues were pointed out: 1.The wooden floor frame in the middle unit is deteriorating due to either prior water leak in the bathroom or due to moisture infiltration through the walls and foundation.2.There is evidence of significant settlement under the middle unit bathroom and north closet.3.The settlement of the floor and walls has also resulted in settlement of the roof frame above this area, ceiling shows cracks.4.There is an obvious depression on the roof – water is ponding on the roof above the middle unit, which adds excessive weight on the roof and potential for leaks.5.Asbestos containing material has been found.6.The current bedroom heat installations in the north and south units pose a safety hazard from carbon monoxide, fire and oxygen depletion.7.An electrician performing upgrades did not use ‘arc fault breakers’ in the north and south unit breaker panels, which is required by the national electrical code.8.Upgrades to the electrical system, promised by a real estate agent, have not been completed yet.

I'm strongly against any BULL@#$% courses, dvd's, seminars, etc...My promise has been to NEVER sell any crap and I've announced this so many times lolWe have already had offers from big companies to use our brand and do the seminar circuit and make big $$$.

Thanks @Jonathan WeeksSwitch off the power breakers if you already haven't and unplug everything first!

@Jonathan West, I have no idea what Nevada purchase contracts say, but I'd happily share it with the seller's side after backing out.Costs me nothing at this point.Might save them some time, now they can disclose that up-front to future buyers and not waste time if the results are a deal-breaker for them too.Maybe I'll be working with those folks again in the future, either writing offers on another house they have listed or in some other capacity.The Real Estate Gods ensure a Karmic balance to the force, so I'll take any free Karma I can get.

Whether a property can produce positive cash flow in the immediate or near term is a secondary consideration and not considered a deal-breaker.

It's encouraging to hear that switching jobs is not necessarily a deal breaker, though. 

If i have to walk out the front door to get to my backyard, its a deal breaker. 

It may be a relatively simple fix or it may be a deal breaker.