If you decide to back out of the deal, you will lose that money, but if a home inspection reveals a bigger issue than what you are willing to tackle, you will get that money back.

A simple search on here reveals most of the horror stories are from out of state landlords who have an incompetent property manager look over their assets .

Both a survey and title search have revealed that the mobile home is on the property and has been detitled and joined with the property.

@Chris MartinLooking at a map of Raleigh right now with the last 6 months of sales prices overlaid with what’s currently offered for rent reveals that properties renting in the $1300-1400 range are in areas selling at around $200k or less.

I like asking the reason why they are selling - most times the story checks out but sometimes it is strange and other times they reveal something about the property that is off.   

There is no deferred maintenance on either ( at least that I am aware of and an inspection report would reveal more).

Also, if something significant is revealed during the inspection, and you want to trade remedying that issue for a vacant first floor, that could be an option, but the issue should be material and not exaggerated, and the seller should have the option to remedy the inspection issue instead of making the trade.Lastly, and somewhat unrelated, you should always require that any security deposits, and interest accrued on such deposits, be passed on to you at closing.

I'm going to reveal my noobness but if you do that ....

With that being said, they countered, and in their counter, they revealed that one unit (smaller of the two) is section 8.

I have not done so, but I have negotiated this with an individual as seller when the final walk thru (outside of the inspection period) revealed damage that had been hidden by the occupants furnishings during original viewing and inspection period.