I did explain why my offer was not unreasonable (needs roof, heating systems, etc).  

Heating systems, refrigerators, stoves, water heaters cost the same whether the house is a $30k dive or a $250k middle-class home.

It really depends on how the property is wired, heated, and plumbed. 

The home was initially a duplex for a father and his adult daughter - The daughter then turned the home into a Bed and Breakfast - Currently being rented out room by room ($1,000/per room but not all rooms are rented at this time)  Repairs: Needs a new central AC and heating system - Roof is 14 years old - Kitchen is outdated - common areaPlan: There are a few different options I am exploring.

When tenants have "free" utilities they somehow think it's a good idea to crank the heat to 85 with 3 windows open in January and fill all their neighbor's swimming pools with the garden house.

The home inspection report shows some defects in the Electrical, heating system, and AC duct defect.What is next step?

Roof, plumbing, electrical, heating)8. check to see if the current owner has had the property tested for lead. 

Replace oil heating immediately.

I own a house in Belleville NJ that has a boiler heating.

The good thing is that the market isn't getting softer, it is a decent bet that by spring/ summer the market will heat up again.