I would also be sure the building will allow an LLC to own the apartment (or shares if it's a co-op).

I was talking to a co-worker today that has done two deals this year and he said he would partner with me if I found a good deal.

@Devin Mann getting a bank loan will be nearly impossible, unless you have a co-signer.

Also, if it is an As Is contract, and if they are not required to provide a CO, they aren't required to do the repairs......it's now a negotiation.

My mom has a home (in her name only) and now she would like to add me as a co-owner to the home she currently lives in in Las Vegas.  

The asking price is $995,000There are 10-1 bedrooms that are priced between $695-750 -utilities are included There are  5-2 bedroom units that are priced at $900 -utilities are includedNOI with a average/Full $11,725.00  Annual $140,700..No idea on Utilities yet.Or insurance I saw it had been converted to a co-op taxes are  $8700.

A co-worker of mine is in the beginning stages of buying/building a new house in a new development that is just now under construction and will be selling the house she lives in now. 

(Someone you can sue) And if you have to, have them have a co-signer, then do. 

The dilemma is that I received a call today from the executor stating that the tenant has secured a co-signer and qualifies for a mortgage now (he got his butt in gear when he found out they had accepted a purchase agreement).

You can look into the possibility of a co signer (maybe your parents, a family member, but be careful with those partnerships!).