Nothing special - just like the normal back of a stock cabinet. 

By dated, do you mean it needs new paint & carpet, or are the bathrooms pink/baby blue and the kitchen cabinets falling apart?

If something covers the stain then it is not so bad and I would take the matter to court if you have to.I think the life expectancy of a kitchen granite top should be the same as the life expectancy for kitchen cabinets and while I think 40 years is a good guess.

Quite possibly the cabinets and counters.  

It's a 5-unit that we bought 6 months ago for $299,000, put $50,000 into it (new floors, countertops, painted cabinets, new hardware, painted exterior, bought coin-op laundry machines), increased the rents dramatically, added pets fees, and now we plan to pull all of our money back out so we can rinse and repeat.   

For example: The following personal property shall be conveyed by Bill of Sale for the property known as __________________Then list what is included in the sale (this can be done during your due diligence period, but to be signed at closing by both buyer and seller)The mobile homes: Cavco 14x64 Model XXX, office equipment like the computer, printer, desks, file cabinets, landscaping equipment like: John Deere Serial/Model XXX, EZ Go Golf Cart Model XXX, landscaping tools and equipment, stoves, fridges, freezers, patio and dining hall furniture, etc. 

Not doing any major structural work, just some walls, electrical cleanup, furnace replacements, roof, kitchen cabinets, and carpet/paint aesthetics.

If I finance these (painting, flooring, cabinets, etc..)

Begin by taking down walls and ripping out cabinets in the kitchen.

The property is in very poor condition I might add, it needs an extensive amount of work.Kitchen:-Drawer/Cabinet replaced, Flooring, Appliances, Paint.Living Space(s):-Paint, Flooring, replacing wood paneling on the ceilings?