j is right, i always get conventional and i almost lost one for having a capped toilet drain. they wanted to see a toilet in there and would not allow the loan to go through until the bank installed a toilet.

This toilet leak alertor would help, but if the signal lights on it do come on, you would still have to somehow be notified.

I made changes and cut my agent and found one who didn't the 60k like toilet paper and we now have a contract and are closing in a few days.

I've visited the property and it appears to be cosmetic (stained carpets, dirty toilets, sinks, tubs, paint), however I am taking the $16k with a grain of salt.

You can get somebody doing that as a side gig to do it for half that or better.I would have him do things like plumbing repair, toilets, sinks etc, cabinets, etc.

Meanwhile, the tub and toilet, which are about 6-8 feet away both function perfectly.

Mowing lawns, cleaning toilets...whatever he could find. 

.- Also, allow only toilet paper and human waste in the toilet, and do not allow flushable wipes.  

You get access to the cashflow, you don't ever deal with tenants and toilets, and you get to capture appreciation over the long term.If you would like more information feel free to shoot me a PM.

For instance, under IRC (international residential code), two toilets can be done with a 3" main line, but adding a third means you need a 4" main.