That being said, there are tax benefits to the debt, and often having dry powder so you can take advantage of deals/ opportunities in the future leaves you better off than if you had a paid off property. 

We had plenty of lenders a year ago that would lend at 10% down on a non-warranatable condo, but they have all dried up at this point. 

(acquisition + rehab costs)When the roof is bad, you have water issues aka potential mold issues behind the dry walls.

Hi, I was about to close and we discovered an oil tank we removed it and it has holes.Now we are waiting  to get the results from the New Jersey lab to see if there is any soil problem, I am having issues because my rate is running out and I need to close any day in order to keep my rate, and they are willing to put an escrow only $5,000.Am I risking too much?

I guess they are boring, dry, no stories or agendas to spice them up.

Not sure where property is located; but if you go ductless you may have to consider separate humidity control.Once I supplemented my ductless system with a separate dehumidifier system, it actually helped with a drying cooling and brought down the load on the ductless system.  

That being said, if it dries up completely, I think we have a host of other issues to worry about.

Exterior soil samples within 3 feet of the house has to be also collected and this could a contamination from emission being close to a highway. 

I wouldn't want a judge deciding what repairs are necessary or not.Unfortunately, the issues posted by the op are not so cut-and-dry and require soft gloves. 

If there is nothing else in your buying area, then the decision is less cut and dry.