Imagine it this way: a guy walks up to you on the street and says "Hey, fella, it's your lucky day - I have this house worth $160k.

#s used in this are for example purpose only Imagine the property is appraised by bank for 1.1 Million and I am getting it for 1 Million.

Hilarious for some of us, but not for many involved, I imagine. :-) http://www.bing.com/videos/search?

I imagine though that I would need to iron out all those responsibilities and distributions specifically.

I can't imagine that someone won't turn a whole complex into short term rentals to try and make the ends meet the mortgage.Right now due to the construction defects laws there is a severe supply imbalance for condos (individually owned units).

I imagine you mean a wax ring, however I would say nothing because I prefer the wax less rings :)I guess I would not do it in a written test form but rather in conversation like an interview for any position.

I can't imagine you spent a single day without running water, electricity, and gas (if your place has it).

I can't imagine that not ending well

@James Fowler I would imagine tenants would be expecting the extra storage, so make sure you inform them of that before renting. 

I couldn't imagine someone paying $394k for this place.