I can't help but look around and think that the market is frothy at best and something of a bubble at worst.  

One wall has around 10" of deflection at its worst spot.

Ontario tenants are in many cases some of the worst due to the extremely pro RTA and LTB.

They wanted to price in higher rates for worst case scenario FOR THEM.

And getting the asset back in a foreclosure isn't the worst thing in the world if you don't have your own debt hanging over your head (just ask the banks how they've done in the last few years).Break out the excel sheet and have a ball with "what if"...  

I will get firmer numbers on the work needed, my worst case is 9000.

In this vein, I recommend @Charlie Fitzgerald approach, and do it fairly but in a way that will compensate you in the medium - worst case scenarios.We accept them right now with our place in Virginia, but fortunately do not have tenants with pets at the moment.

you can do the worst pipe first,,,gain experience and confidence,,,then keep on till the last of them is done.Bet they have that laundry drain tied into main stack someplace. 

Hi @Rafael Brown, My opinion, you could make the request, the worst they can say is no, but let the bank specifically know why you're  making the request.

Worst case scenario?