Based on the description I am assuming it is in one of the older 1960-1970 built areas.

Nathan Emmert that is a very succinct description of both options.

Right on it is no biggie, just the geographer in me.

If your buyer's inspector notes issues with it, any they may well might from your descriptions, then you will have to negotiate with them. 

I can just see the houses and the neighborhoods with your descriptions. 

They can range greatly depending on the geographic location, soils, finishes, wind, just some friendly advice if you are not fimiliar with construction/building and you don't have a builder you can truly trust I might pass until you get more experience.

I have the original metes and bounds legal description and the deeds selling off the segments of the property, just not sure what to put in the new deed.

I am interested in finding units that meet my long term goals, which include purchasing low to moderate income properties, located in INSERT LOCATION, containing DESCRIPTION OF PROPERTY.I have the financial backing to pay cash for your property, but I am also willing to discuss land contracts, and other creative financing should you be looking for interest income or other ways of creating cash flow.Most importantly, should you have the desire to sell; I am willing to pay a fair market price for a property that fits my investment goals.

The numbers look really good in the Seattle area.Based on your description I like the second one better, it's newer and in a better location.

@Donald Morrison, I have a feeling it is not a legal apartment because it is listed as a SFH in the legal descriptions.