How to renovate/turn Multi-Family while occupied?

[Matt M.]

I’m looking at acquiring a 16 unit multi family complex. Overall it’s in decent condition but does need some light renovations. For instance the interiors have outdated wood paneling that should be replaced with sheetrock. Counters could use an update as well.

How have others done this while the units are occupied? Would love suggestions, best practices, how you have done it.