Repairs and reno priorities on a rental property

[Cindy H.]

We just purchased a rental (1950's raised bungalow) and assumed the tenants in three suites. The home inspection showed that there's a bit of work to do and I wanted to get some opinions on priority for repairs. Tenants are smokers and the main floor tenants have a cat and a dog (I know). Leaking faucets etc are pretty obvious, but I'm also thinking my priorities are weather proofing and ventilation (rent includes utilities).  Based on the list of findings below, what would be your priorities?

1) vermiculite (likely asbestos containing) in attic underneath blown fibreglass - not an issue unless we need to access / do work in the attic (see ventilation below)

2) soffits are poorly vented but I was told there are ways to vent them and install baffles without going through the attic

3) three bathrooms have no ventilation fans (they have windows) and the ceiling on two of them is peeling / potential mold or rot

4) main kitchen hood fan is removed and didn't seem to be vented to the outside anyways

So considering the tenants are smokers (saw windows open with space heaters on during the inspection) I'm thinking the ventilation issues are priority to a) improve the indoor air quality b) reduce the amount of heat leaving the home. If I can install the vent fans into the wall I don't need to disturb the attic insulation but I know I can't have vents underneath soffits (I don't really care how it looks from the outside - if a vent pipe needs to be constructed to snake up around the soffit)...

Or should I just remediate the attic insulation (around 10K), be done with it and go to town with venting everything through the roof?

I will also be investing some time weather stripping / sealing around windows etc.

Roof needs to be re-shingled as well so maybe the interior vents should all be installed first? Then do the soffits with the roof or if we remediate the attic?

Love to hear your thoughts

Cindy