there may be an explanation, it may be a good one, like a permitted addition that you can verify and maybe the appraisal made a mistake..The response may be so-so, like an unpermitted addition that you could get permitted, this may get complicated.

There were other deals I had on radar that actually had good numbers, perhaps better, but I did not want to move into them, so the exit strategy was compromised, and I'm not a pro, so I need the back up plan to allow for mistakes and oversights.       

Even if you made a mistake (small one), you still have more time to correct it instead of waiting.

What's some of the mistakes you made that you won't do on #2?

Hi @Pete Ackers - hey don't worry, it's natural to want to tell everyone you're new to real estate - I'm guessing (like most of us in our early days) you're trying to prepare your seller for a situation where you may make a mistake or do something wrong! 

What is the reason for title insurance if they make you sign for liability on any of their mistakes?  

As a new investor I was planning on taking property acquisition slow to learn the ropes and allow me time to learn from mistakes.

I made that mistake a long time ago with my first purchase.

I could probbbbbbably find the money to buy him out, making him the same offer that he made me, BUT there are a good amount of mistakes that have been made (things that I've gone against my gut letting my partner make decisions) that I feel as though I'd rather just start over from scratch. 

Find my mistakes.