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Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... 

Dealing directly with a prospective buyer gives the appearance that they are negotiating with an entity without openning the transaction up to the market.

Do you appear to be an experienced professional or a part time amateur?      

It appears the upper unit and lower unit are on separate zones, giving us the option of installing two smaller boilers and retaining the existing hydronic plumbing and radiators (provided there are not too many split pipes).  

Hi @Bobby Barlow in my opinion this property appears to be something worth fully doing the numbers on if you were ready to invest; however there are expenses that the seller didn't provide an estimate for in which you would need to ensure you include when doing your numbers (and it doesn't appear that the $500 for taxes and insurance includes these expenses) those expenses are repairs and maintenance (and I'm referring to maintenance issues that will occur while holding the property and not the $15K for the foundation, the foundation issue should be part of the reason the seller is willing to accept less than what he thinks it's worth) management, and reserves for replacement.

Mentors appear when you're ready for them, opportunities start to show up when you're looking for them, and everything just starts to make sense.  

She has been in the home for over 4 years and appears to be taking very good care of the place.

The point is that the market appears to be slowing.

Appears to be on the plywood not on 2x4's.Thank you.