This is the part i'm not understanding.  

I don't understand why there is a delay in signing the lease.

I have to accept it is more than what I estimated.I actually estimated at 4-5%.I would like to understand the closing costs mentioned by the lender so that I have a better understanding before closing.Loan Costs --- $4342.A.Origination Charges - $15900.655% of Loan Amount (Points) - $550 ---> Is buying this point compulsory?

You have to understand the 1% rule is a general rule of thumb and not applicable in every situation.

What I've learned is that employees don't understand time and money, and they don't see the future.

Make sure you all come to a complete understanding before you start drafting any documents.

***To be clear, I have not purchased any property in Ohio, am simply attempting to understand the rules/laws in the state and thought some of you may be able to help. 

I started by listening to the podcasts and reading the blog to get an intiail understanding and some direction on the first steps I needed to take.

@Michael PlanteYes I understand, I'm saying if it's a good tenant instead of kicking them out (Probably 1-2 months Vacancy) he probably should outline his rules on what's acceptable. 

My understanding is that "as-is" simply means the seller doesn't want to do any work to the place before selling.