So why have a buyer bring an fha loan & fha to say need peeling paint gone, add gutters add flooring & the seller doesn't have cash to do or doesn't want to mess. 

I used the Home Depot one everytime tenant moved out it the white color peels off.

. - Paint is in really bad shape, peeling all over the place.

A little peeling paint, wobbly handrail, cracked pane of glass, uneven sidewalk, etc will cause the appraisal to fail. 

The issue is when it is peeling.

A deal like this is a great way syndicators can mask poor deals with metrics like equity multiples (I'm sure over the course of 30 years your equity will multiple a few times, but compared to a 5 year deal where the equity multiple is slightly less than 2, the long deal will be significantly worse in terms of time value of money because that multiple takes significantly longer for you to get back). 

You got to mask it better.

Put on a gorilla mask and hide in the bushes outside your rental with a steel pipe.

Keep your eyes peeled!

The kitchen cabinets are made of particle board and a wood grain film that is peeling off...although you could paint them for the short term, it would be temporary.