Buyer paid all closing costs, including owner-finance related docs (e.g., note).  

Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!

I had looked through other forum posts to see if anything related to the question I had and didn't really find anything, so I posted my own question. 

if you're gonna pay them something have an attorney write up a formal "release"it will say that you are not admitting fault and they can never hold you responsible again for these problems or any other problems related to this property.negotiate them down as much as possible because if you messed up at all on the sellers disclosure you could get hammered, and nobody wants to go to court over a few bucks anyway.the release will protect you against any future claims!

If you're going to do three things at once (investing on your own and being an agent are not related) you'll either have to get really good at time management or be ok with 60+ hour weeks on a regular basis.I'm ok with the lifestyle and have worked like this for a long time, putting in longer hours and sacrificing social life.

With your better qualified leads, if you can't reach the owner, try to contact close relatives.  

If this is one time income which they deduct from your income they can add back all the expenses which is related to that property depend on the lender but you can always ask for exception.

The stock market plays a role, in that it is people's perception of the health of the economy and some people will use stock market profits to fund a real estate purchase.

If he seems desperate and also on medication due to pain, you may run into scheduling issues in the future based on his health.

I answer a lot of questions related to commercial on this site.