I'd honestly figure out a way to take over your brothers mortgage - try and quality for it so your brother can take his name off - and that way you don't need to bring any money and you can just close in a much simpler fashion and less closing costs.

On the surface it would appear that the apartment is more profitable, but apartments here generally include water and common area maintenance (i.e. lawn care) and have higher vacancy rates than SFH.

on every surface (walls, ceiling in this 2 story garage) in thousands of " circular black mold blooms" the size of baseballs.The field property manager's reaction to the horrendous discovery?

There are sheet type products as well. waterproof membrane:http://www.custombuildingproducts.com/products/surface-preparation/waterproofing-membranes-underlayments.aspx

I have upgraded the units with things like luxury vinyl flooring, clean surfaces painted with good colors, good but non fancy kitchen cabinets.  

House is in good shape on the surface, i need someone to look past the lipstick..    

@Josh Cuthbertson I am no contractor nor rehab expert, but for this property a rental, I could see around $10-$15/sq ft as a very, very general estimate. 9 pictures isn't a lot to work with, but it looks like every surface needs to be re-done.

Rather than doing the messy and costly removal, they hire a normal contractor to skim coat the ceiling, I believe with normal drywall mud to achieve a smooth surface ceiling.

So from the surface it seems like a rather viable investment opportunity.To the contrary townhouse association's are filled with political drama.

A loss would set your plans back or take you out of the game.Business situations plod along pretty tame...until questions about money surface...at which point it gets serious and comes down to being within the scope of the laws (i's dotted and t's crossed).