If you are Chicago based, we have a fantastic community for sure.

Does anyone know any companies that will insure conditionally, based are her remediating the issues after close?

Most lenders will cap your leverage based on the ARV. 

When coupled with a good homeowners insurance policy, you can have most of your bases covered.An example would be.....if my A/C unit dies, then I would call the Home Warranty company to come service/repair/replace it. 

Original term is 15 years with a 1/1 adjustable variable rate based on Fed rates, no 5 year adjustment, no balloon, 2% annual cap.

I'm guessing that would be something like 14% if anyone would touch it.Probably needs to look at other options like hard money on the new project, borrow from 401k or stock account or life insurance.

My theory is that, because Sacramento is a state capital and a business hub, travelers come here based on necessity.

@Theo Seng, "real estate investing" has no set definition, so everyone is answering based on various personal paradigms and assumptions.Like others said, is it possible?

My question is: Should we attempt to renegotiate the price based on this new information?

I’m in the PAYE repayment program where your payment is based on your income.