I'd suggest you keep checking redfin and zillow home estimate, once you see price is stabilizing or moving up then you can buy aggressively.

Investment Info:Large multi-family (5+ units) buy & hold investment.

Chances are they are not coming off the price, because your home inspector didn't agree or like it.That's the standard with production builders. 

@kimberly S. mentioned negotiating the price, because it's like buying a car.  

I would not sign a lease and buy a bunch of furniture to potentially make $350/month. 

I am in a similar situation where I am looking for someone or group in the DFW area who I can work with and learn how to buy houses using seller financing, sub-to etc. 

Investment Info:Large multi-family (5+ units) buy & hold investment.

If I decide to invest in say a SFR and for some reason none of the 3,262,000 SFR on the market can a deal be made with, I can invest my money in commercial property, real estate syndications, REITs, real estate notes, real estate note funds, money market funds, index equity stock funds, bonds, and about 10 million other investments, to obtain the ROI I seek.A benefit of making an offer good (or GREAT) for you and not worrying about what the seller wants or needs (at least in your initial offer) is that if you get a quick “no” you can move on to the next deal without wasting a month negotiating a deal that has no chance to close.  

the lady trying to borrow had this great notion but no experience and the property she was trying to buy I happened to know very well it was in Clear Lake CA no way it could be developed.. but she had a dream and Remington fed into that dream. 

We have an opportunity to buy out our father's shares of the commercial property LLC.Is it allowed to do a 1031 exchange from one LLC purchasing part ownership in another LLC?