This way you're covering your butt in the instance she takes you to court for unsuitable living conditions. 

This is unfortunately not the only instance of this happening.

For instance, if the total loan is $100K, you put up $75K and the senior lender puts up $25K, and you both split 50/50 (because you don't know what you're doing and they run the deal).If you don't want to do any of that, don't do anything. 

If you needed a new roof, for instance, you'd get a fair quote instead of the nutball quotes out there right now.

I am doing their job for them in multiple instances on Schedule A and Schedule E.

Reliable, has people for everything and doesn't do the famous "cash grab" for out of state investors. 

(Famous last words, I am sure “...but Bob said...” will hold up in front of the judge).funny thing is they don’t require you to pull one for electric service upgrade.

For instance you have a 100 unit opportunity and the broker / seller claims 50% of units have been rehabbed over the past two years with the rest ten years ago.

for instance, could we just ask the buyer to agree to revise the purchase price to $154,900 ($5000 more) and we would allow them 6 months to install the well with no interest and no payments until they bank finance?

Hi Tom,You need to know what sells for what in that area of town.If you are keeping the property as a rental, then you need to know what rents for what in that area of town.For instance a 30 year old SFH frozen in time 30 years ago will probably rent for less than one upgraded to a modern look.And then spend your money carefully, not going overboard on things that will not add much value (which could be different on different places or in different areas).Such as a dishwasher might be a good addition in place A but in place B no one cares much about it.Good Luck!