FYI a consumer tenant can charge back up to two years of ACH transactions. 60 Days is just the cutoff for where the tenant/consumer "may" be held responsible for the transaction.

But you need a backup plan.

It would have been nice to pay lower for the property but from what I can see from the appraisal, the appraiser took into account properties with similar rent values which brought the appraised value back up the second time around. 

Know how much risk you can take and have backup plans ready.Good luck!

You could offer to back up lease end to April/ May if that works for you.

Bringing this post back up, because the amount of solicitation I've gotten the last 3 weeks is crazy.

@Carlos Handler I would back up and ask, what is your goal?

If it’s worth it as a long-term rental or there’s good appreciation in neighborhood, may be worth the risk of moving forward with back-up plan to sell or long-term rental if HOA restricts ADU or STR in future.

Put safety first by looking closely at homes, guessing fix-up costs, working with good workers, and having backup plans for surprises.

There are deals popping back up in graveyard sites, such as Crexi and Loopnet.