She said she will make it right by paying the sellers security deposit to the tenents but that was only after I discovered all this and confronted her.

-How familiar are you personally with building components to make a determination on the condition / age?

The tenant pays their rent, they have a place to live and a Landlord that treats them fairly and honestly.What if you're busy rewarding the tenant for mowing the lawn or paying rent on time and then six months later you inspect and discover their dog has trashed the carpet or dug up the lawn?

You normally can't get inside so you have to do a curbside comp on value (1 risk).

Through my time studying I have discovered that getting into real estate is like creating your own business.

Also after the foundation was fixed, we discovered that the lift also cracked the brick facade on the exterior.

You’ll need to replace the whole thing, none of the components can reasonably be refinished.

If the LLC component is holding things up I would consider just doing it in your personal name. 

@Brian Paine I swear the more you learn, the more you discover you have more to learn.  

Price is one component of the overall picture.