On the other hand, drain pipes only carry water when the water is turned on at the faucet level, so since the water wasn't being used the evidence you saw of a leak was dry. 

However, if the numbers are on the tighter side then forcing the repair might be a good option to use and still close the deal.I would assume that if you were able to get responses from a number of others on the site they would probably say things like I am going to list here.1) Problems can seem small and simple at first but grow larger in a hurry - it happens.2) Depending on the type of shower/tub installed in the above unit it may be more than a simple fix and get into much more money than you think - you won't know until you open the ceiling for sure.3) After the plumbing repair you could be looking at mold potentially in the joist spacing area between units.4) Depending on the length of time the issue has existed and been patched to get by you may also have damage to the wood - joists between units and or sub floor issues under the upper unit tub/shower.5) If there is insulation between the two units, you may have soaked and degraded insulation that needs to be replaced as well - good news is that rock and insul are cheap to replace.6) OR......... you may have someone open it up to fix it and its just a simple plumbing issue and is a quick and easy fix - totally possible too.Just as an illustration, I went to replace a bath faucet for an accountant friend of mine yesterday.

My REFI of Hold properties take place at the end of a series of flips repeating the use of the same initial cash from the first flip to generate a series of flips that multiply the number of simultaneous flips you are able to do by using the profits from the original line flips and subsequent added flips to generate those simultaneous flips, and each repeated set of simultaneous flips will generate a new horizontal line of Holds starting with the first one, generated from that level of simultaneous flips, and expanded through the use of....you guessed it, REFI's.  

I mean, if you dig and soils on the level of the floor will support itself, then the caissons are much more smaller (if not totally out of the picture) because it needs to carry less load, but that means you will need to spend for the basement -- is it a selling price increase?

If that person fails, the project fails...that shouldn't be the case.To be honest, having worked in that field to the highest level, the failure of the PM speaks more to your systems than it does to their competence.

They could learn that FHA will finance up to 4 units, get all their income documentation in place, get their credit score improved to the proper level, get the seller to do the required repairs, get funds properly gifted for their down payment, contest a bad appraisal and get it revised, and think their good to go......then they find out that while FHA finances up to 4 units, they have to be owner occupied, and the buyer can't do that so the deal is dead and all the work was for nothing.

I keep going and having that property enforced it to a whole new level.

By any chance can you send me a PM, with some basic information for a typical class B or fixer upper.

I am considering purchasing an 11-unit mixed use (10 residential and one street level bar/restaurant unit). 

If you are still tax positive (not sure if term is correct), check with your accountant to see what other business you can use against the property.Depending on your gross income level and how you manage your property, you may not be able to write off anything on your other income from the tax loss of your property.