The language indicates Sherman is harmed by the project not completing by that date.Typically, if one will be harmed by a certain event, they take action to prevent that event from occurring. 

I mentioned when I was on the podcast that the biggest thing preventing people from getting started was an unability to properly measure the risk of investing, or not investing in real estate.

They said it was excessive use for 8 years and the water was rushing when they turned it on, so they turned it off to prevent flooding under the house. 

If he sells it to you it would use up a huge percentage of your VA entitlement and prevent you from reaching your goal of financing a multi-family home. 

I'd say you have a very strong case.Now that being said, the unsolicited offer is a fortunate accident  to happen. 

They are also willing to invest in a bit of preventive maintenance, which helps keep repair costs down.

When you take over the management of a property, is the property management liable for any negligence or accident that happens to the tenant?

The insurance will cover liability created from one source - accidents - but leaves you exposed to other types of liability.

lol Monthly payments for all combined total $800 per monthAnother long story short I was involved in a very bad accident with a tractor trailer and will receive after lawyer fee's and medical bills paid somewhere in the neighborhood of 100K.

This however will not prevent you from selecting a female from all applicants.It may be controversial to discriminate based on gender but in your situation to not do so would be unacceptable to your existing tenants.