If they refuse to pay for the fix then I would walk away. 

I have a portfolio in Detroit (similar climate) and pay $75/mo for a SFH and ~$125/mo for my duplexes.

I'm in jail and this is my one phone call"Me: "why did you call me"Her: "I figured you had extra money because of all that rent people pay you"

I just got $900 for a 1 br in the hood and $1700 in a C-B area! almost 2% rule!!! 

I am willing to pay 20-30% down but borrowing at 7% to buy a property with 6% Cap rate does not sounds right.

As it enables you to live in one unit of a property while renting out others to pay your housing bills, house hacking is an excellent strategy—especially for first-time homebuyers.

If you hire someone to build, you're going to pay full retail price.

Here, the extra percentages make up for the occasional loss, time value, legal, headaches, etc.If you’ve done enough loans, you know your default rate and should be able to calculate the required percent increase.

We did a walk through and did not smell anything 2 days ago. so afterthe complaint we said we could go there and inspect.tenant started getting really angry and complaining about other things and how much rent they pay and we are greedy.

The bottom line is that he tries to convince you that you can get rich by convincing prospective lease- purchase buyers to pay $8-$10k for the right to sign a lease option contract.