Of course you shouldn't bleed cash deliberately.

We must understand that the conditions created are deliberate and malicious.

Or maybe you will discover it was listed as 1.5 when they bought it and they deliberately exaggerated it?

Pre 1950s and the home is a 1940s build it is the ‘appropriate size’ — unless the Seller deliberately tried to deceive you or covers up a violation or did anything else that the township would fine them for regarding Septics I’m sorry but I agree with other posters on here ... you just need to pump your septic more often ... you can disclose that it’s ‘undersized’ to the next Buyer - it’s subjective but if it makes you feel better that you should do that.

After a lot of deliberation I let the deal go as I don't want to limit my exit options. 

Deliberately have a few challenges in your screening process - it will weed out "entitlement mentality" problems4) Allow payment plans, but create system to track when payments due, so they don't keep falling further behind You will need to call them on due dates or they will fall further behind Be prepared to give a strong NO when asked if you will change rent due dates to "make it easier" for tenants to pay rent based upon their SSI or paycheck dates.

Deliberately have a few challenges in your screening process - it will weed out "entitlement mentality" problems4) Allow payment plans, but create system to track when payments due, so they don't keep falling further behind You will need to call them on due dates or they will fall further behind Be prepared to give a strong NO when asked if you will change rent due dates to "make it easier" for tenants to pay rent based upon their SSI or paycheck dates.

Deliberately have a few challenges in your screening process - it will weed out "entitlement mentality" problems4) Allow payment plans, but create system to track when payments due, so they don't keep falling further behind You will need to call them on due dates or they will fall further behind Be prepared to give a strong NO when asked if you will change rent due dates to "make it easier" for tenants to pay rent based upon their SSI or paycheck dates.

They just defaulted on them and then once you get enough people defaulting, the bank becomes insolvent that made or is holding those loans and then the bank blows up.At this point, you don't want to take less than you're expecting and you're not going to be able to get top equity for it so you're probably going to be sitting in the house for 8 or 10 years.Warren Buffet says this a lot, but I don't know if it was JP Morgan or old man Rockefeller who originally said this...

Investor came to us and we agreed on a scope of work after some deliberation.