Also, notice 'soft' spots as you walk.

We have a friend with a rental in Mesa along the following lines- built in early 90's all the fixtures are polished brass vs the brushed nickel you see now.  

Does that include soft costs?

I chose to do it slightly differently to avoid a Heloc or 2nd mortgage encumbrance, so far I've paid zero interest and my numbers are going to be triple what your parents expect to spend.I have a credit forum if you or your parents would like to dig deeper but the basic brush strokes are these.1.

I recommend using a "truck brush" to apply the solutions and a pump sprayer to rinse.I'm not trying to be a "downer" here, but years of cigarette smoke can be as bad has having an actual fire in a home.

Also, if we see structural issues, like sagging floors/ overhang sagging or potential soft-story issues, do you generally contact engineers or structural contractors.  

That's 82 cents on the dollar. before you pay for closing, soft costs and do repairs.Where is the deal?

The bank statement I provided actually had several years of rent because it had the cash proceeds of investments I had cashed out and were in the process of redeploying in different investments.While some people dumb down their resumes so they don't look overqualified when searching for a job in a soft labor market, I'm up front when I do business.

If they appear to be in nice shape and the price is fair and they're languishing on the market, there's likely a soft market in that area.

The building is zoned light industrial which consist of a 3000 soft.