@Nick Colamarino,Thanks for the honesty.

Honesty is the best character trait in this industry and we are as honest as possible with our business operations.

Maybe they hadn't thought of it from your perspective and they are willing to change their terms to better assure you of fairness and honesty.

Knowing their criteria will be helpful, but in all honesty, if it is a good deal, then the buyer will be there. 

Not sure if the seller had to disclose, I imagine so, but I would be most concerned with me not being stuck with it, and not so much the future honesty of the seller.5.)

Thank you everyone for your honesty and advice.

The kicker is the front house got evicted by the end of the project...But it worked out because we finished and they moved and we sold it a couple weeks after.In all honesty going from SFR to multi was a very good margin but the time headache and capital I tied up to this learning experience basically could have been better spent on me buying more cash flowing properties in South la or long beach or finding flip deals as the time we did this there were reasonable opportunity to do so...

DPM was formed on basis of integrity and honest. I

I appreciate your viewpoint and honesty!

But I also know that this is somewhat of a semantic distinction since I have other friends who continually lend out their capital to strangers who they put through their own "underwriting" process.