Don’t lose the house over 10k, sounds like you’ve got a good opportunity here. 

They will probably have to create their own drawing but they could at least incorporate the comments from the city so you don't lose that progress. 

Every property faces resident turnover. Turnover hurts a property due to a loss of rent, possible rent concessions to release the unit, and “make-ready” expenses. According to CBRE: “The National Apartment Association...

However, it can also turn into a money pit and you could lose many months of rental income.

I would not purchase a negative cash flowing property unless there is a 100% guarantee that the property will appreciate enough to make it worth losing money every month (and there are no guarantee's in real estate).

Owning a multi is a great plan, but you don't want to lose it through rough economic times so insulate yourself against those downturns with solid reserves.  

With my knowledge of the market I thought to myself "how can i lose?"

The floor keeps the rate from falling too low so that the lender doesn't lose money on the loan.  

You’re really losing sleep at night over taxes when sitting on that much money?

My offer was rejected partly because the seller does not account for cap ex, repairs, vacancy and management.The homes show that actually but I can't think of a polite way to say that.Without accounting for them the cash flow looks higher, if you do account for them it loses money at the price they want.I gave them the deal analysis from BP to make my case.Any thoughts on how to work with this?