As a recap looking for insight on the best mode of action to take for writing an offer (hoping to negotiate for less) and the best loan for this deal.

Next time will look for property with much bigger margin of safety for cash flow!

Have set criteria and follow it.Have enough safety to protect for unexpected events like eviction, lots of capex needing fixed early on etc.

From the railroads perspective, it's a safety issue.   

Landlords are required by law to provide proper living conditions for their tenants, free from health or safety hazards, often referred to as an "implied warranty of habitability."

I'm scouring the MLS everyday just to get an update on what's going on with the market now that I'm back in investment mode.

Some will be stuck in this mode forever.Then you have investors who have done a few deals, they start to understand what stuff costs, will pull permits and generally try to do things the right way the first time.

@Richard Koch connect with a local Realtor who you feel understands your business model.  I

The model is working.Lessons learned?

Maybe they had lingering concern about the electrical safety of the remainder of the structure or the dollar amount was just too high.