She claims that she doesn't have to pay rent because the oven needs to be fixed.I thought that in CT, one could only withhold rent if there was a health and safety concern.

It is structurally sound as the joists were looked at by my roofing guys but I'm sure concerned that they may not like how it has warped over the past several decades.

As a short sale underwriter working at a big national bank, the reason short sales often take so long is because the seller often has to submit a lot of personal financial information that accompanies the actual deal.

I would be more concerned about getting the tenants out.

But the seller is very concerned about liability issues during my due diligence period (i.e., if someone gets injured on the uninsured property).

@Holly NoleKnow I have 500 properties in management so I see this concern often with new accounts.

My primary concern is that with me being out of state I do not know first hand what is going on with my rentals and my PM has lots of "small invoices " that are adding up!

So this is getting long, thank you to anyone who made it this far and I appreciate all opinions, comments and concerns in advance.

Perhaps the L/O idea is a good choice regardless.I'll try to nail my lender down tomorrow, and give the seller a call [she gave my agent her number and I've actually already spoken to her once about some questions I had regarding the Oil Furnace.My only concern regarding the lease was if i have a contract that states a move in date, although the boys will be fine with "whatever"- will their parents?  

Great advice concerning the legalities.