Something to keep in mind that's a large negative of condos as investments is that many will limit the amount of units that is allowed to be rented per complex and that would change during your ownership.

This offer should take into account the cost of everything that could be wrong with the property along with the eviction of any tenants once you take ownership.

You will get to maintain ownership with the deed until they purchase. 

You can then later sort out the images of the docs and compare them to the county assessor's office to determine property types and verify ownership.

is there a way ownership could be transferred later?

A.) have then sign a lease for a date you are positive renovations will be doneB.) add a clause to the lease and have then initial that they understand they do not have ownership of the property until x date after renovations are doneC.) always under promise expectations to parents.

Hello again BiggerPockets, I have a Dilemma I would love to get some input on.I purchased a condo in June of 2017.All in with rehab, the cost was $75k (including furnishings).It has been on Airbnb for nearly 2 years now.After all expenses, (including management) the property nets around $3k/month (hands free) consistently.It is a condo that has proven nearly impossible to (re)finance (due to mostly investor ownership in the community).Now it has a market value of roughly $150k+.

I found one that will do it all and record it for under 200 so that is not too bad.They also said it shouldnt be an issue with the current lender as I am adding a spouse and not transferring ownership. 

It gives them some semblance of ownership.

The bank stated that they would refinance the loans up to 80% of my purchase price plus repairs, or 70% of the current appraised market value after a year of ownership.