You have some room to negotiate the asking price but even at 10% reduction your buying at 1.5M.

If they are unwilling to provide proof, then ask for a reduction in price or a seller concession/repair allowance at closing to cover the risk you're taking.

I have always known that I should  be unplugged from the matrix. but I have never had the confidence that i had found "Morpheus" with the "blue" or "red" pill option.

You could also ask for a reduction in impact fees for making a % of the units affordable.

There are lots of way to structure a business, and lots of considerations when doing so (reduction of taxes and liability, future sale potential, to accommodate different owners/partners, etc.).

No rent reduction, just the cost of the hotel.  

Are lenders allowing the seller to carry secondary financing on Fannie Mae or Freddie Mac loans question one of the potential buyers is asking me to carry 10% of the sales price which I assume is making up for the 10% reduction he is receiving from his potential lender.

Key piece of information is what are your goals  / cash flow / debt reduction / more doors? 

Number of price reductions ?

Based on the context of your chapter dealing with the Snowball Plan - for the purpose of debt reduction - I would think recasting could have been included.