Looks nice @Ryan S., but a bit sterile.

You definitely want to use a thorough screening method like rentprep.com that gets their income, credit, background check, and call at least 3 references (make sure to verify them by address/job and then their name).  

It was nice because it had a new roof and some newer updates.

Instead of a traditional down payment, I would give them some money (maybe just to bring the loan back to even).The upside if taken over the loan at the current balance, with some rehab and hopefully getting the front lot back would be a nice ROI. 

they usually say stick it in the bank.. so you can offer them a nice return above bank CDs and on an asset they already know and like etc..

Anyway have a nice holiday week.. 

Dang that looks nice.

If the price was right on Turn-key maybe, but probably more of the fixer-upper that can be leveraged later on for additional property or sold for a nice profit. 

If raising all cash would be my primary method for funding these apartment deals, what would be your guys contingency in order from most preferred to least preferred. 

Judges will sign off on it, but any judgment obtained by a method of service that is not allowed is void.