Pareto's law is evident in this one!

So if you have 4 rooms, and carpet was damaged in one, you would bill them for 25% of the replacements cost, not what it would cost to replace all 4 rooms.Again this is just my understanding of the law, and I would be very happy to be proven wrong if someone had solid evidence to backup the idea.

You were asking her to expose herself and her broker of record to a potential lawsuit which she had no intention of doing,smart woman.If she says yes and it goes down the drain,you can sue her and her broker for giving bad advice on something she should never have gotten involved in which your lawyer will crucify them both for.It's not up to the agent to tell you about the quality of a potential investment,that decision is in the hands of the clients paying the money.Her job is to find the type of properties you are interested in and negotiate the sale with the sellers.Also she should advise you to be through in your own due diligence to find potential pitfalls.She can advise in she agrees or disagrees with the asking price and provide comparable evidence to support her conclusions but,the decision to accept her conclusions is entirely yours and you must be responsible for what happens,not the agent.

@Billy Maloney Yes, we all have to deal with F.E.A.R (false evidence appearing real). :-)  The difference is trusting in yourself anyway, in spite of it, and stepping out.  

Is it wise to communicate this sort of thing over email so I have evidence of when it was sent, or is it better to mail it and just keep a log?

If by that date they are not gone, THEN you can go file for the Breach of Lease.This link (and website) are very helpful for procedures:http://www.peoples-law.org/node/275Now what is substantial enough evidence to the judge?

Has anyone had luck backing up a lower offer to the bank with evidence of an easement?

A higher vacancy rate will start to make itself more evident which equates to a lesser desirability which equates to lower offers and a more depressed market.

Roughly.This is why they may have told you to bring $50,000 to closing -- basically the down and evidence of ability to service the loan for at least 6 months.

However, once you 'step in it' you'll be committed to ride it out.Recording a Memorandum of Option in an ineffective way to memorialize evidence of your agreement.