If the seller is unwilling to provide them, walk away.Good luck and happy investing,Troy 

To me the only thing that will temper unrealistic expectations is buyers unwilling to pay unrealistic prices.10-15% more would be OK.

You’re just doing what the rest of us are unwilling to do. 

However, since they are landlords, they may have the degree of understanding needed to make it a palatable option to sell their property.I've been in talks and have successfully brought about lease option offers for unwilling landlords and regular sellers before.

I'll take on 1-2 of those problems (capex, management issues, or general remodeling), but won't tackle all three problems because I'm unwilling to put in the time and energy required to operate against solving them, which is why I haven't landed a deal recently...

Those of us with portfolios in previously non-RC areas upstate now all of sudden are slapped with a yoke around our necks and become unwilling participants to the socialism we try and avoid by purchasing north of the Tappan Zee.The way I see it, any little town is just one Democratic mayor and a small activist group away from permanently altering the livelihoods of their landlords.

97% fail because they are unable or unwilling to do what the 3% who succeed do, and do it consistently until they hit their goal.  

You are also well within your rights to be unwilling to do this and simply walk away from the deal.

@Bjorn Ahlblad Thanks for all those details "Estoppel Certs signed by LL and tenant" what if they are unwilling too.  

Chances that they want a discount rent but unwilling to complete the renovation satisfactorily.