Given their history with financing, I see myself as someone who is going to be responsible for the unit and clearing the lien.This sounds harsh, but it is my contention that the Buyers need to go get a second job, store up the money, and buy themselves an AC unit with cash. 

I grow grass for a living. clean up the place. neat and simple. 

I have the mortgage against the property and I might even be able to foreclose but that seems harsh. 

Also it is old enough that as long as you keep the gutters clean it will have settled all it is going to settle.

No harsh feelings @Brian Hayes!

Jumping right in, I was told today that I would have to cough up $349,000 DN for a $1,000,000+  4 plex.  25% would have been $287,500, which would have been easy.So now I'm considering breaking my IRA, cleaning out my savings,  and selling off a few things in order to satisfy that.Anyone know of another way to get the additional $61,500 short of making a lower offer?

Almost pure carbon, burns real clean.

This is our first time doing an FHA 203K we are not doing any updates to the kitchen nor the bathroom just making sure the house is functioning running new electrical wire, repairing plumbing, back stairs, doors, few windows, painting, roofs, garage doors, finishing wood floors, and cleaning.  

Don't have much to share quite yet :)@Jenkins RamonMeat and Potatoes Below:Price: $140k Rent: $1,560/moWater: $60/moPrinciple and Interest: $525/moInsurance: $80/moTaxes: $320/moCashflow: $575/mo (those numbers are a little inflated since I made the purchase decision on more conservative numbers of including 8% vacancy loss ($125/mo) and additional cleaning and maintenance costs of $100/mo so when I ran final conservative numbers I was at $350/mo. 

If you are good at multi tasking, using their systems, and have cleaning help, it is not too difficult.