Still, I'm surprised that an agent couldn't do that over the past 150+ days and you were able to do it so quickly. 

Have them check prior to quoting how many layers of shingles there are so there won't be any surprise dump fees.If they offer a warranty, determine if its just the manufacturer warranty or their own and be sure labor is included.

I've never done a total overhaul on a property before, so you might not have as many surprise repairs or as long a lag-time, but paying mortgage payments on an investment eats at your confidence even if you can make the payment from your W2. 

I am surprised that this has not become a mainstream term in any business sector.

Hi @Darren Sager I believe the home was built in the 60's, I was surprised the appraiser made it a requirement, it is being used as a single family currently, but the people buying it are going to be living in the basement and renting out the upstairs, so house hacking.  

Surprisingly I've never had F,G charge offs, but I dont have as many either).Lending club says my adjusted annual return is currently at 6.5%.

Maybe one day those digital colleagues will be worth something and you'll be pleasantly surprised that you have them.

Update on the situation: I'm still really surprised by how this all worked out, ...but after much soul searching, many conversations with my attorney, and a lot of crunching of the numbers, we found a way to turn this deal into a win/win for all and I made it to the closing table and now own the property :)The details: After the seller made it really clear he was haggling for every penny, I gave it one last shot and offered to remove the request for a $2k seller assist, reasoning that it was not going to make it a bad deal, but may help the seller with getting to the closing table versus heading to court - of course, it did not hurt that the seller's agent told them directly they were under contract and had to proceed.

This is the sort of ugly surprise that happens all too often in this business.How big, sq.ft. is this place?  

You'd be surprised how many times sellers will change their tune when they know you are walking.