Would you BRRRR this 4 plex or just rent it out as-is?

[Teho Kim]

I'm looking for some advice on whether I should renovate or continue renting out as-is. Home in question: https://www.zillow.com/homedetails/120-Ramon-Cardenas-Dr-Del...

Background:

I'm closing on a 4-plex in a couple weeks that I will owner-occupy. 471500 purchase price using 0% down VA loan. Home has room for improvement looks-wise (see pictures in link). Market rate right now is $1200/mo and with renovations (quoted 60-75k in labor) it's hard to say because there aren't much data points, but I think I could fetch $1500-1600/mo. I am uncertain what the ARV would be.

What would you do in my shoes?