Your post history indicates that it's not that many which further proves my points...It's a low margin arbitrage game when you're 100% financing deals and you will quickly run into DTI issues that will prevent it from scaling.

I have heard that sometimes they don’t and that’s what prevents an assumption from working out.

point is even a great tenant can have life events that prevent them from continuing to be able to pay rent.  

It sounds like the transaction is close to closing, which means instead of finding a new buyer, they'd likely be open to reasonable concessions.Included full clause below...FORCE MAJEURE: Buyer or Seller shall not be required to exercise or perform any right or obligation under this Contract or be liable to each other for damages so long as performance or non-performance of the right or obligation, or the availability of services, insurance, or required approvals essential to Closing, is disrupted, delayed, aused or prevented by a Force Majeure event.

My carpet had a few stains and the walls had few touch-ups.

mainly cosmetic: stained floors, repaint, may need to replace carpet with hard wood, resurface cabnets, new shower, repatch water damage. 

People gets locked inside factories in China to prevent thefts like they did  here in the US in the 1910s.Please keep in mind IF we all support oligopolies, the download/streaming business can end up like the internet server provider/cable business, where you and I have no real choice anymore.

Show them your beat to crap truck and your wardrobe of caulking stained shirts and jeans. 

I mean they have so much control. Get a bunch of people to tour the property together. ARV is very generous. Then understate costs. Seems like a tough situation. 

I was told it was done just for preventative maintenance early on as the area had had some settling issues in the past with other properties.