If I were the seller, I would assume you were taking the 23 year old HVAC and water heater into account when we settled at 70, and I would consider it bad faith for wanting to go to 65 and I would walk on the deal. 

Faithfulness. 

This tenant was consistently late with rent, but had made good faith efforts and stayed in communication so I granted a month-to-month extension of the lease in September. 

I decided to just take faith into it How did you finance this deal?

Lastly, take nothing on faith!  

Not super high end cash flow, but very easy, very low cost to get into and it's a very needed resource for the community we're in.We like to take leaps of faith so it may not be the route for everyone but we're glad we did it and we went from zero to five properties within the past year. :) Good luck!

Keep the faith and something good will happen.

They just want a safe place to park their $ and have faith it will grow safely via appreciation in the US housing market and generate cash flow.

I asked him if he invested, and he said he used to, and ended up on the bottom side of that, due to real estate volatility.He'd also never heard of Rich Dad Poor Dad, so again, I don't know if he will stay on my "team" but what he is great at doing, is faithfully culling MLS listings and sending me those, being available for any questions (except he hasn't answered my invite to take him to lunch today, yet) and sends me local area analysis of activity, sales, and any changes and numbers indicating growth here.  

Explain you've paid 75% of their fee im good faith and just want the corrections made for the agreed upon fee.