You are running a risk of the cesspool failing, and having to pay environmental costs and fees, and pay to replace the cesspool with a septic tank, so looking at potentially a $20k cost.

As you mentioned the missing component is often the application part.

I use the Jake & Gino analyzer and its great. there are other components that come with it like REO, Net worth and videos that guyed you through how to use it. 

Am I missing some vital factor here involving the components of a short sale.

The ones here are now just recently excluding coverage for dogbite, and they already excluded mold and environmental liability, to my knowledge.

Commodity prices are fairly stable with the energy component still very high.

So in that case the landlord ends up fronting the money and takes typically years to fully recover from the tenants.I like to get inspection early in the process to get these credits right away before big money is spent on attorney,title, lender reports ( environmental phase one, ALTA level one survey, appraisal,etc.).

And to tell you the truth pretty much all manufacturers offer the same warranty the same components the same stuff... 90% of all air conditioners are manufactured by two larger companies anyway.

Another component is if you are using debt on this property or paying all cash?

This is a key component to the process and different banks have different appetites.