How much upkeep required for 12plex?

[Rob Bianco]

I’m buying an old 12 unit building (built in 1920) and the current owner runs carpet throughout the staircase and other common areas. It’s gotten rather nasty over the years and I’m conflicted between just replacing the carpet or refinishing the wood underneath?

The current owner doesn’t strike me as lazy so I assume he chose carpet because it’s infinitely easier to maintain.

Also, on a unit this large am I smart to hire a cleaning person to come a couple times a month to vacuum and dust etc...or am I just throwing money into the wind at that point?