Evaluating Property Issues
I'm evaluating a townhome that has very good cash flow and potential for appreciate but the inspector had concerns about the fact the plumbing is polybutelyne and there appears to have been some water damage on the first level - maybe because of flooding. Sellers are pushing back on my requested repairs such as repairing soft flooring around the bathtub (likely caused, again by water/plumbing issues) and HVAC evaluation. Worst case scenario is replacement of all piping at around $2500 but the seller's pushback is making me concerned. Would you walk away? I am a new investor so not much experience with maintenance/plumbing issues.