I think the biggest red flag is that alleged offer of $245K.

@Bob B.I'm worried about any future problems with tenants making allegations as far as health issues or having a hard time getting tenants because of that.

@Cameron Peters Thanks for the input, I've got a conference call with the PM scheduled today to discuss this further.  

I had a really good real estate attorney and having a letter from the bank alleging the GP's of "fraud" in loan applications didn't hurt either!

@Cameron PriceThanks so much for your response.  

That's the only way you can ensure you are protected from any discrimination allegation. 

the seller is asking $120,000 i found it in the Cameron county appraisal district and the price they showed was $103,000

The problem is that there is now currently a wooden platform over the entire floor where Carz where allegedly worked on.

Another option might be to file for a new hearing  alleging fraud upon the court.

@Cameron BriouxDepending on which part of the City .... $300K for a 6-unit could be pretty full pricing.You first need to have an honest discussion with yourself on what the current business is worth (income - expenses - allowance for deferred CAPEx) ... not what is the potential for the business.Once you have that firm, then you can work with the Vendor to solve his problem.A vendor carry may well work in this instance (though we have found them to be a huge educational effort in the area).