There should be full disclosure to the seller.

(FULL DISCLOSURE. 

I now have a lookup from the standard closing disclosure to Stessa category so the next purchase should be easy.  

The reasons include: Your risk does not meet underwriting guidelines, due to age, losses, locations, or cancellation;Your risk is unusual and the standard market is not comfortable with it;Your risk is extremely large and the standard carriers do not have the capacity to insure it; orYour limits of liability exceed the underwriting guidelines for the admitted market.If you are insured with and E&S carrier, you will have to sign a disclosure form.

If a PM does mark up and is in full disclosure, then it could certainly be beneficial.  

Buyer and Seller agree to use a third party impound account to pay and receive funds. d)Seller grants Buyer full rights to repair, improve, use, occupy, rent out, etc. the property in any manner Buyer deems necessary or useful.e)Seller does not and shall not have any obligation to fund or make any repairs, replacements, corrections, improvements, additions, etc. to the property before or after closing. f)Buyer takes full financial responsibility for any and all repairs, replacements, corrections, improvements, additions, etc. needed on property. g)If Buyer should default, all repairs, improvements and monies paid will revert fully back to Seller.h)The Sale Contract shall include the following terms: 1) Closing will take place within thirty (30) days after Buyer exercises this Option. 2) Seller’s sale of the Property is and shall be “As-Is”, “Where-Is” and “With All Faults”, and Seller does not make any representation or warranty regarding the physical condition of the property. 3) The Sale Contract shall contain Seller’s standard “As-Is” sale language. 4) Seller shall provide to the Buyer a Seller’s Disclosure Report 5) Buyer and Seller shall each split equally all closing costs and fees. i)This contract represents a full and complete integration of all terms and conditions and precedents, and represents the entirely of the agreement between the parties. j)I, ___________ (Seller), understand all the terms of this Option and agree to abide by each one of them.

The disclosure states that both septics failed to pass inspection and will need to be replaced.

From a property disclosure standpoint we never assume its lead given that the only way to really tell is to test it.  

Now full disclosure at time of buy one side empty, one side rented for $1050 Jan 2024 term.  

Mine are 3 seperate contracts (I use a disclosure to cancel in 3 days for no reason at all).