The realtor and lawyer probably know each other and the lawyer isn't protecting you.Beyond all of that, from a construction point of view: a property that is riddled with permit and inspection related delays will not be a good end product.

AS @Greg H. says sometimes you thank your lucky stars your offer wasn't accepted.I think an excellent strategy in the Permian basin is to continue to watch the market at this point or divert your attention to a more diverse (less petro dependent) area. 

Production of goods are way down.

It's implied that you're going to get a much higher quality work product going the latter route (generally speaking).  

If it was, it is still eligible for 90 day deferment and has the potential for more with investor approval.Many hotel owners and self storage investors utilize this loan products.

The loan product mentioned above allowed the investor to do one of two things: pull out 100% of the purchase price or 75% of the new appraised value, whichever is less. 

Hi I'm new at FL. so I would like to get data from you guys.
My and my wife have a pre approved loan for a 1 to 4plex/ 20%Down Payment/ $3.5mdd max.For what I see there are many options , but I'm not sure where to st...

For local value add investors, I don't see any reason not to look at older product.

Insurance to product the building.  

Two have product priced to move, the rest are trash, they do not want more business.It's capacity.