These repairs can be deducted.In some cases, tenants will trade repairs and upgrades to a rental unit for a reduction of rent.

Timing and Credit Considerations: The debt market is already starting to tighten, and (I do not have data on this) I believe that most multifamily properties are financed with variable debt with a 5-year Weighted average Life (WAL) in the range of 60/40 to 70/30 debt to equity.

If you can't get financing try asking the seller if they used financing, and if not give back some of the price reduction and see if they will carry the terms for you.I would work on lining up financing/ funding before negotiating deals as it is less than ideal to be in a deal you could never fund.

So you are correct you should get paid at signing and shouldn't take a reduction on the costs as actual construction costs have increased not decreased...typically I see these with a 4-6% per annum escalation on the reimbursable amount. 

(I do have credit score and income verification requirements as well) but it helps push out some of the dead weight that comes in.  

Should I tell the seller that if we need to extend again, then I’d need a price reduction?

This math does not account for all of the original list prices before price reductions on these properties if they had them 2.

It feels that weight a bit more than other cities in the state or country, because it's population directly means it's going to realize those impacts on a "Big City" scale.

To sum it all up here, buying a flip deal next to a cemetary should be looked at as a small reduction in value and nothing more unless the demographics create an adverse condition for you in which case you would likely pass.

We have people terminate deals based on septic inspections, and it's a $300 fix meanwhile they're asking for a $25,000 reduction.