What are the terms of the note (fixed, ARM, etc)?

Even if they initially say they won't finance them, make sure they are checking with both their normally lending unit, and someone who might handle portfolio lending, and if they have a commercial arm that does real estate lending check there too! 

It took a huge % of potential buyers out of the market, which forced prices down. 

@David A LisowskiHi David these a such great questions and I was forced to answer them recently.

If the numbers don’t make sense don’t force the deal.  

In an arms-length transaction, the price is the price. 

Smaller safety items  (fire doors, hardwired smoke/co detectors) can often be forced at any time in a lot of cases.

Since your friend has not moved into this rental unit, they cannot force the landlord to allow them to move in if the claim is that the rental unit is uninhabitable.  

This stops the issue from escalating and now that I've done what I said I'd do it's a good relationship.The procedure for the City seems to be:A Violation letter with a specific time to resolve (24 hrs, 72 hrs, etc)A second letter which is a $75 Fine, Notice of Liability TMC 1726A third letter which is a $250 FineA court summons forcing you to hire a lawyer, attend court at least twice, resolve the issue and then pay court fees and fines.I presume if you don't attend the summons then they put a warrant out and place the fines and fees against your property meaning it will be seized if not resolved.At the City's discretion they will themselves resolve a situation they deem urgent...you will receive a large bill in the mail for their time and efforts, something like $300 an hour for four hours time plus materials and disposal.I have properties in a self directed IRA, which means the owner on file is the administrating firm...there is a two week delay between a notice being issued (yes a 72 hour notice) and my getting it.

Study your states landlord tenant laws If you file the judge would probably issue a writ saying she has to be out in xxx days, the money owed for back rent and fees are on that paperwork, the cause for eviction action is past due rent, failure on her part to pay, so that's why you want her to leave... you'd still have to take her to court in small claims to collect.. the filing is so you regain the right to your property and is forced to vacate.