Recently, a common pipe within the building caused damage to a small portion of the floor.Thankfully, the building’s management company accepted responsibility and would like to move forward with repairs.

A fellow offered me $500K for it a couple of years ago, thinking surely I would accept it. 

Declined tenants get a text that says thank you for your interest but I have gone with another applicant and have already accepted the deposit, after this I am a ghost.  

The generally accepted order of operations is:1.

You can send them instructions to set up direct deposit.Open a bank account with a bank in their area and send them some deposit slips.Venmo or PayPalUse software systems like RentTec, TenantCloud, or Innago to manage your property and pay $10 a month to upgrade to a version that allows you to accept online payments.

Tenantelects to accept the property in its current condition and/or they are waiving their opportunity to inspect, at their own choosing and for their own convenience.

Seller was motivated and accepted a cash offer at a below market price.

She did that and the application was accepted in June.

I wouldn't place all my capital into any single asset class, be it rentals, bitcoin, stocks whatever. 20% ROI on leveraged real estate used to be a reasonable number but now with markets being the way they are I find it a but hard to accept.

As-is is the acceptance of the property in an as-is condition, you can broach your agent about renegotiating but be prepared that the seller will push back and decline or you can walk away and he'll keep your deposit money.