@Joe Jor brings up some great points and I like his suggestion for contacting the building dept.You may also be able to negotiate credits or for funds to be held in escrow - until seller removes open permits, violations, etc.Lastly, for estimates on the work that will need to be completed on the property, you could also contact an expeditor who services Westchester.All the best to you on your search!

I'll give you info and what i pay in Chicagoland area:How far is the span you are removing?  

If they fail the second inspection, I terminate their lease and remove them as quickly as the law allows.

As Greg noted, there is a lot that I would want to be crystal clear on with how it is structured, how you can remove yourself, if needed, how you can change management or sell.

Privacy laws and protections should be completely removed.

Looks like you removed CapEx in Proforma and increased repairs/maintenance by only $3,500?

Consider having a mold inspection done and include the report in your listing documents to remove doubt for future buyers

Preventative maintenance (things like gutters or removing/trimming trees).4.

There will be assets that need to be added to the trust as time goes by and perhaps removed from the trust as time goes by, and perhaps a divorce situation might take place requiring trust adjustment- as well as after passing advice and guidance that will probably be needed by whomever the trustee is at the time.

I'd take care to remove valuables just in case.Call the listing agent (and their broker) and let them know that you need 24 hours' notice for any showings and the people must be accompanied-not left alone.