As far as the pipe being exposed , there are ways to hide it 

If you decide to stick with steam make sure any exposed piping is adequately insulated with fiberglass - we had a problem with higher-than-average heating costs which we discovered was due to inefficient heat transfer through exposed pipes. 

All tenants should be required though to carry renters insurance..that is just smart no matter what the risks they may be exposed to. 

Mingling with other investors can expose you to an ocean of new opportunities and business models in real estate (syndications, subTo, build to rent, self storage, commercial multi family investing to name a few).d) Final thoughtsYour network is your net worth.

I this scenario my back was exposed, I was unarmed, and my hands were full with the most precious treasure on Earth.

An inspector can typically only see what is exposed or sagging, assuming nothing was opened up.

You already exposed yourself too much by coming up in price so many times so early.

If we tell her, are we exposed legally?  

On the other hand, you have more tenant-side risk because it can take longer to find a replacement tenant than in something like a single family house.Some NNN leases are long-term leases which then also exposes you to the risk that inflation will outpace the rent increases.

You see a lot of small cracks, crumbling of concrete, exposed reinforcement (if any due to the age of the house), and a lot more cracks due to integrity issues.