Cabinet doors do not need to be discounted in my opinion based on them being functional indefinably with new paint.

I think that some functionality I need does not exist.

What contract would I use for this type of partnership deal?

Id like to get it under contract (with a partner), redo some of the units, fill the three vacancies and buy it for myself (from a partnership I am considering with another investor) in a year or two.  

Hello all,  I am looking to get in to real estate investing full time at some point but until then i am looking for a company or individual to partnership or apprentice job to learn the in and outs of the industry and pick your mind does anyone know of anyone or any company that might offer this.  

Your bylaws / covenants should be updated to include the use of electronic means for the board to function. 

Sure, people can overspend or upgrade too much to realize a return, and we call this superadequacy (a form of functional obsolescence) or as some call it, law of diminishing returns.

Here is Fannie:Permissible Exceptions to Continuity of ObligationAlthough the following refinance transactions do not meet the definition of continuity of obligation, the new refinance transaction will be eligible and not bound by the limited eligibility parameters described below if any of the following are applicable: The borrower on the new refinance transaction was added to title 24 months or more prior to the disbursement date of the new refinance transaction.The lender documents that the borrower acquired the property through an inheritance or was legally awarded the property (for example, divorce, separation, or dissolution of a domestic partnership).

It has to be "bored" in and won't be functional until Tuesday.

I would not buy a rental with a pool unless you were in Vegas PHX  those type of areas.and I would pay for a pool service your self if you do buy one with a pool.. they are liabilities both functionally and a accident waiting to happen.. someone drunk diving into the shallow end and getting hurt... kid falling in and getting hurt etc.you won't get any more rent for themGhetto   NUFF said about that..