Rehab before rent, or rent as is? Help

[David J.]

I have a rental unit that is outdated and in need of a rehab. It’s not horrible just old and somewhat dirty. Mismatched floors, mismatched baseboards. Worn, etc.

I was waiting for the tenant to move out to do some work. The tenant move out and without even advertising I have high demand from people.

Some good tenants are willing to rent “As is” for the exact amount I was going to ask after rehab.

What should I do? Should I just defer maintenance and rent as is? Or at least do a little something?