From there, you can cross-reference (I usually have the main corner streets and count how many in it is from there or something similar.)I've attached a pic of one as an example.

Initially, it looks like you will have a slight negative cash flow after that cost of the water/month. 

@Shawn Evans I am unfamiliar with those particular lenders (that isn't necessarily a negative; there are a lot of lenders out there) - the only thing to be careful with is that many lenders with so-called "down payment programs" have exorbitant closing costs, so ultimately you're paying the down payment anyway.

I, as the buyer, usually always provide the contract if I am buying as-is.

Sorry, I am not trying to sound negative, but that is just the facts laid out in your description.

You're asking some pretty broad questions outside the usual scope of BP.

But they usually do like 70% LTV which wouldn't work if you still own 280k on it.

In both cases, there are usually contingencies in the P&S that let you get out of the deal if the inspection is not satisfactory or you can't get "conventional, market rate" financing. 

It’s your contractual obligation usually says it on the Declarations page of your policy. 

We also wire double poled thermostats to the units as these on the base units usually become defective after some time.