The greater outcome will come in the future as other properties are acquired in the neighborhood, but in the meantime we’re going to capture a combined $500 of cash flow every month Lessons learned?

If the numbers don’t work with that combination then change the parties or terms involved until they do.

They countered with a combination of both offers and I drew up a P&S.

Justin, Both of any of the following scenarios could have happened:1- There was a long term leak under the slab (either clean water or sewer leak, or both) that have cause the foundation to settle, and thus cause even more damage to the rest of the pipe lines.2- The settlement of the foundation due to non-leak reasons (such as bad soil mechanics) might have caused the pipes to break or crack.3- Lifting the foundation causing the pipes crack.4- Combination of all aboveI have had this property for a few weeks, so it has been out of my control.The lowest quotes I have got for fully replacing the sewer line and clean water line is about $13.5K for a 1800 SF house.My deductible is about $2500 if the insurance would cover it.

It looks like they will lend up to 80% combined LTV. 

Regarding your accounting needs, are you looking for: help keeping your business books,someone to generate financial reports,assistance with filing annual taxes, or some other function?

When it flooded a year ago, it took us over 30 hours of cleaning to get it to a functional cleanliness level where we could use the basement again.

I haven't had it happen personally, but I am led to believe that some banks will combine very small deposits on their statements. 

If you can find a JD/CPA that is a very powerful combination. 

Something could be functionally off with the property.