Phase 1 Said Nope, Seller Said Proforma, My Sanity Said Goodbye

Broker: It's a clean deal Lender: Great, just need Phase I, PCA, ALTA, SNDAs, estoppels, and your kindergarten report card Seller: T-12 is solid Excel: After CAM true-up, DSCR hits 1.00 and the roof warranty expired in 2003 🫠 Me (day 29/30): Expectation: coffee; Reality: vapor encroachment plume + surprise co-tenancy clause = retrade