The reason why is these lenders want you to have skin in the game towards your business venture.

It’s solvent based and can be painted over with latex paint after drying.

I paid a partial payment of $5K with a verbal agreement from the superintendant would reduce the bill, and come back in April to correct the french drain, when the ground dries up a bit. 

The good news here is that it is a real issue and the seller is going to have a hard time ignoring it, since its' a problem that can escalate into some not-nice things if left untended.If it were me I'd ask for an extended inspection period contingent on the seller having the crawlspace dried out.

It's as if the government is attempting to bleed the small landlord dry so they're forced to sell....

I had to find temporary housing for my family and the house is being torn apart, dried out, and damage control.

If you do not, you will be shocked at the amount of money you can spend on clogged pipes, leaks that damage dry wall and collapse ceilings, low water pressure from rusted galvanized lines, etc...  

As someone who is no longer a RE agent and has no skin in the game, I highly recommend EXP. 

My wife is mixed race and very light skinned.

You know exactly what you have to do, what it generally costs because all the rehabs generally follow the same blueprint.Yes, there can be some fluctuations in the standard of finishes depending on the area but overall, the rehab is pretty cut and dry what you have to do to hit your target ARV.