Sure you can do the deal with a contractor or another investor, but then your renter/buyer pool shrinks in size. 

NO EXCESSIVE WATER USENo washing cars, playing with water, filling swimming pools or other excessive misuse of water please. $150 worth of water usage per apartment per water billing period (three months) is included in the rent.

If water is pooling near the door it could be coming underneath the threshold and the sub floor.

@Sunny Wilson.

Over 600 is ideal, but depending on the type of property and renter pool, there are ok people under 600 too.

Tonight I mentioned the tread strips we applied earlier in the year and he said he took them off because they too didn't work and water pools in the steps. there is a railing on the stairs and it is firmly in place (we fixed that earlier last year).

Yup, @Brian Adzadi is right - you cut your pool of buyers down to almost nothing. 

The sheer inconvenience/discomfort this puts the prospective renter pool in would be enough in my book not to try it.

I know that I would like a tenant pool who is credit worthy, trustworthy, and not low income.

@Chris DunlopYou can pool your respective IRAs in the same LLC and the invest in real estate through the LLC.