If at all possible I'm in need of advice on the best and simplest way to write a portfolio contract. 

The simplest way to describe a self-directed IRA is simply that the investment choices are opened up beyond just what Wall St. sells, to include things such as real estate, private mortgages, stock in privately held companies, precious metals, etc.As with any IRA, all activities must be wholly within the IRA and exclusively for the benefit of the IRA.  

@Tim PorscheI agree with Christopher, your most cost effective and simplest solution is to scrape the ceiling, texture as you see fit, and paint.

I live the Los Angeles area because it is never too hot, never too cold and everything is so close you can go swimming and skiing in snow on the same day.This has been the greatest and simplest place to become a multi-millionaire during the past 47 years because of the millions of people and diverse ethnic groups.

Originally I wanted the simplest contract I could find, but it left a lot of holes for my tenants to use against me. 

One of the simplest yet reliable ways of identifying a neighborhood class is by getting to know the prices and rents.

In its simplest form, it guarantees that the owner has title to aproperty and can legally transfer title to someone else.

@Don ZhangOccam's Razor - The simplest explanation is preferable to one that is more complex.

Their "maintenance" team was too busy chewing crayons to diagnose even the simplest leaks.

What is the simplest legal way to structure these deals given that every deal will have different partners/investors and the property being purchased for each deal is not defined beforehand?