I point out that even if the building didn't need much work in the last 20 years,  many systems (roofs, water heaters, paint, windows,  and may other things) were clearly wearing out and may not last much longer and to avoid unpredictable expenses a proactive approach was necessary to start upgrading)I then followed up with individual conversations with residents which helped me to understand their finances a bit and hopefully understand their ability to pay and what assistance program(s) they may already be getting or be eligible for.   

There were maybe 3 diff models all painted diff colors and it presented really nicely as a tiny house community.

I know, materials are double but the materials that double are flooring, paint, drywall, etc.

It's a 15 minute fix.1- Sticky perfect tape,2- 3 coats of mud3- touch bmuo paint 2 coats. 

Built a detached ADU, painted both units to match.

So you paint the ceilings that color as well?

Area of town can make a big difference on the type of residents that the property will attract and the level of work and risk involved in operating it over time.Sounds like it is an older property, which is okay, but increasingly lead paint, asbestos, etc. are concerns to residents and government regulators. 

Something easy, like paint, floors, maybe a roof.

New paint, appliances, furnishings and modern upgrades.

We are now upon April 2024, and at the rate things have been going, still have a ways to go (finish ducting for forced hot air, insulation, sheet rock, paint, flooring, kitchens, bathrooms, finishes, and anything I am missing to bring the units to whole).