The property is a 900 square foot condo that functions well, is just out dated.

New Water heater is ready to be installedLaundry Room: automatic door closer and keypad lock with auto lock function installed.

I do remember when they changed just the color people complained about that as well.. but to me this is quite different with a lot of functions that we came to know like and use constantly.  

If it's going to be a rental just make it functional not beautiful.

I still have a fax machine where the send function still works, and recently faxed my tax info to my CPA.

I wouldn't even consider caring or charging for this if it doesn't affect the functionality.

What is the functional or legal distinction between an office that has a kitchen and bathroom and an apartment?

Search through for the market closest to you, and use your browser's search function to search everywhere where that city comes up, and make a short list of any of the lenders that did deals in your market. 

@Adam Kuszczak keep in mind that cash flow is not only a function of purchase price and rental price.

There is another small functioning apt that we currently allow a handyman to live in rent free.