It counteracts human nature, which is laziness, greediness, self-centeredness.

The water soaked into the concrete slab the house sat on as well as had major roof leaks (been vacant and decaying since 2013 after all), since the roof needed to be completely repaired (this property was in disarray lol).

Some leaky faucets , slow drains , a broken window , a broken screen door, missing damaged facia , Eve's and saufet .wood decay around front door , a ceiling fan that doesn't work , ac with water filling drain pan , crack in garage ceiling , 1 cracked floor tile, 1 double tapped breaker , and a missing attic inspection cover .

As you wrote; “An A class asset is an inherently less risky asset than a D class asset...”The intent of my initial post was to counteract the mainline philosophy purported by many BP members to never invest in appreciation.  

It's due to a combination of negative growth rates (people moving out) and crime and urban decay, etc. 

Paying $200k with a $400 monthly HOA is a stretch on your budget, so to counteract that, you want to put a substantial downpayment to make the payment more manageable?

I was thinking that this could all be counteracted by just a really low offer with an explanation of all the issues.

The more it is exposed to water the more it acts like a sponge and will accelerate the decay process.  

As long as decay is not a issue, which it is not in this case, there is zero risk.

You have areas that are devastated from years of  neglect and urban decay.