If you want to walk through the lending options that are out there to help get your next deal started please DM me. 

This eats into the usable square footage bc you literally cannot walk the entire upstairs.

Have you gotten a chance to walk it in person? 

The house has a walk-out basement with 1 bed 1 bath and a full living area.

The house has a walk-out basement with 1 bed 1 bath and a full living area.We furnished the basement and rented it through Airbnb - the income fully covered our mortgage and utilities!

I'd spoken with the owner briefly on the phone once before and we'd discussed the overall condition of the property, why he wants to sell, how much $ he'd be happy to walk away with, etc.After the screening questions over the phone I threw a number out and he said it'd be the lowest he'd accept and still be happy with, but he'd still need to speak with his wife about it.Anyway...so today I met with them in person and he gave me some more info.This property is zoned for R-4.

This means you are taking it as is (and you can't walk the property ahead of time). 

Your choice is walk away or do the deal.

He talked about eating better and getting healthy enough to walk around the block to get some exercise.

I appreciate some people have it hard but there is a mindset at work that lets you walk away from obligations.