I really do not want to back out of the deal, but curious if I could negotiate a reduced price or something of the sort.

They've had time during the week to get things sorted. 

Any sort of walkability is a huge plus since you can't add much more value other than a typical remodel.Good luck!

One day the SEC my let them know the fine when they investigate a deal that has a complaint of some sort. 

Hey @Jeff Ryan - While I can not speak to your exact situation, I can speak to the thousands of homes I have walked here in Chicago, where majority of the homes were built in the late 1800s/early 1900s.I would say that 7/10 of the older homes I look at have some sort of settlement in the foundation, which causes the cracks and sloped floors you are mentioned you are seeing in your property. 

Otherwise you will dream up the worst scenarios.  

This is exactly the sort of thing they would handle for you seamlessly.

People who went to college are generally the absolute worst at construction...left brain/right brain thing.

They'll be all sorts of SIGNIFICANTLY EXTRA tenant complaints!

You likely won't get good tenants in the northeast. 39209 is the worst area, followed closely by 39213.