It was not economy based or recession or any other factor that made the descending home sale prices other then that specific item and event of the forced sales.

A majority of the owners generally are limited to voting for Directors each year at a Membership meeting (which is significantly different from a Regular Board meeting), and approving certain very specific items based on the By-laws.

Seller should hand over the Tenant Security deposit to the buyer and this is recorded as a specific item in the Hud1

It is definitely a specific item to each and every property and should be looked at individually.Just another reason why LV is a great place to invest, and why it is one of the few metro areas where you can maintain positive cash flow with 20% down.

Then, if a specific item (e.g. tiling kitchen floor) costs below a certain amount (threshold for 2015 was I believe $500), the cost of that task can be fully expensed and is not depreciated over time (Note that the cost is material and labor).

With both options, or any other options you may suggest, would including a 203k to help cover the costs of paint, house-specific items such as tiles or carpet, etc. be possible? 

The electrical and plumbing plans are also color coded so they can easily see with a glance where specific items go.

Not only will CHA make the units more desirable, if you ever want to sell it will be a huge plus for the next buyer that the electrical service & heating/air have already been upgraded. 200 amp service & CHA are two specific items I look for on purchases, even if they need to be repaired. 

If you want help, write a list of the specific items that showed up in the report that must be repaired by close, in your counter offer.  

@Amber Paul I have not heard of anyone adding specific items related to section 8.