when I look at a property I determine the monthly cashflow I want then take into account all the expenses and make an offer that will acheive that monthly cash flow. its a financial decision dont let your emotions get in the way.

I'm considering supplying them with my inspection report where the inspector noted several components in either "Fair" or "Poor" condition. 

Poor thing refused to enter the hallway after that.

Charles, Lot's of times it is all cash sales to park money or 1031 buyers with poor planning willing to pay low cap rates to avoid a tax penalty.If cap is low and LTV is high 70 to 80% you better believe underwriter for bank is looking at everything under the sun with a microscope and questioning everything.

If you are unwilling to supplement the condo until rents appreciate enough to provide positive cash flow then the decision is obvious. 

Its no problem for someone to do poor job finding MFR online or via broker and then market it to investors. the question is how good is the deal and if the wholesaler figured it out - i mean the upside in the deal and why you should buy it...??!

Sadly, most of these who find themselves in such a predicament (remember, you do not get on to a Roddy report by having a stellar reputation as a decision maker :-) )....most who find themselves here fall into the 2 general camps listed above: Those who are paranoid, thinks EVERYONE knows their business, and believes anyone seeking them out to be a creditor.

.  :-(    I made a decision which properties in my portfolio were 'forever' properties (20 year horizon) or if I would sell if the numbers were right.  

I definitely make my out of town partners the bad guys on any decision they don't like, sorry guys!

The contract reads: "Buyer acknowledges and agrees that no title insurance of any kind is being provided to buyer by seller , that title insurance is not a condition to closing and the property is being transferred to buyer by quitclaim deed or other form of deed acceptable to seller is seller's sole and absolute discretion, without any warranty or representation regarding title"I'd like to get some advice whether it makes sense to shell out the money for a title abstract to check the title on this while the bank is making it's decision.