The most concerning is that they allowed unsupervised showings on a vacant unit- something we were not aware of until serious theft had occurred.

@Agatha Simmons Ensure that you are documenting everything that is occurring.

You already seemed to conclude you are forcing this deal, I would agree unless there's a reason why this property will appreciate significantly in the near future and the 40 year amortization schedule allows you to hold on for that to occur. 

What about refinancing  costs or what ever costs that occurs at the end of the loan term?

I try to be in the luxury market and also try to steer away from young kids (my only real damage has ever occurred from them, or should I say parents that don't watch their kids, and they drive the people crazy in my community pool, again, because people don't seem to care to ensure their kids don't disrupt others).  

Any issues that occur with the property can easily be solved with the property manager working nearby. 

There is an abnormally low amount of new construction occurring on the coast in comparison to the demand and the existing inventory can be quite dated, especially for those coming from areas like California.

There is basically zero chance of that occurring.  

A mass shooting occurred tonight on the street next to the street where the property is located, leaving nine people shot and one dead.

For instance, there is a Lunch and Learn meeting the first Thursday of the month with the next one occurring Feb 6.