And if your in a situation were this is constant then your probably not cash flowing at all and are probably negative flow ...I have seen many landlord get stubborn over monthly rental rates and their property sits for 2 3 or 6 months.. trying to get an extra 50 or 100 a month. when their holding cost for 3 months might be 3k... if that all makes sense.. turn over kills the rental yield no matter the asset class.

Haha, I am stubborn.  

So I became obsessed with rental producing properties...When we were looking for a long term home for our family in 2010, I stubbornly insisted that we focus on duplexes or single family homes with accessory apartments.Single families with accessories was specifically what I wanted to target because of the lending programs that allow only 5% down as opposed to 20-25% down.We found this home in Essex Junction.  

If it were not for a stubborn wife and a 5 year old son, id have moved to an area with a better paying job market a long time ago. 

This seller is a little on the stubborn side though.If I can get an appraiser and real estate agent to both confirm that the ARV can come in at the $190K that zillow is indicating, then: (($190K * .7) - $52K repairs) = $81,000 is a price that a rehabber might be happy with.

If you have to remove the old linoleum tiles in some places to make it even, i found the easiest way to remove stubborn glue is to iron the tiles.

Banks are notoriously stubborn.

Hey Bill - he does understand his options, as he is an experienced developer for many, many years...my gut tells me he was simply being stubborn, as now at the 11th hour, he's more willing to talk rationally and consider all offers...we're going to try and negotiate with the bank on the deficiency, hopefully getting them to agree to eliminate.Thank you for the input.

@Jean Bolger, what I'm afraid of is that what you describe might NOT be an isolated case--it just seems to me (intuitively, without any real proof) that the disputes among board members in a small complex would so much more personal than in a larger complex.I don't know which would be worse--dealing with bad tenants, or dealing with stubborn HOA members, ha ha!

Once in a while a closing company says that they MUST close out and record the 1st transaction then wait 24-48 hours before they'll close the 2nd transaction, and usually even with those we can usually work around that process, but there are a few who are super stubborn and refuse.