This may be why many of you are experiencing delays in redemptions and distributions.In the fund which I co-manage, we've stopped foreclosure activity on many of the non-performing assets since it doesn't make sense to pay our legal resources for activities that are in moratorium.

Confirm that the warranty applies to the type of property you own and consider whether the annual cost and service call fees make sense compared to just handling repairs yourself or using your own trusted contractors.

If it's not an ADU, then you have no limit   Makes sense.

It doesn't make sense

Once you start to find something wrong with almost every deal but finally find one that really makes sense, run it by your mentor to see if they agree it is a good deal.

If not, then what he is trying to do is to avoid his reputation going down the drain and lose any future credibility and trust in the future. personally I am just familiar with the basics of buyer seller representations in a general sense you will need a FLA Broker or Attorney to describe to you based on the documents you have if there is a Duty from the agent on this transaction..

If your properties are bread and butter, cash-flow kings, with low rates, it probably makes no sense to cash out refinance. 

For the person with little to no wealth, just getting started, putting their eggs in one basket and watching it carefully makes more sense, likely up to the first $500K - $1M. 

If I sense the buyer is cut from this fabric, I will negotiate extra hard against repairs to the extent they simply walk.

Just walk away if you sense they won't let you investigate any aspect of the property you wish to.