Hi Folks - I am getting my condo in ready to rent condition and the biggest issue I am facing is with a leaky bathtub.It's a two story townhome and the bathtub is leaking, therefore my living room ceiling is dripping.  

I look at a bathroom as a wet environment where things like overspray from shower, overflowing clogged toilets, and overflowing bathtubs are a real concern and steps need to be taken to contain spills and at least reduce potential for damage.When water runs thru a gap in the wax ring, where does it go?

I'm assuming everyone here knows the infamous Andrea Yates, the woman who drowned her 5 children in the bathtub of her Houston home.

There must have been a clog with the bathtub drain on the main floor.

One thing he did say was that he could paint over anything:  granite, cultured marble, tile, even bathtubs.  

I still remember a post where someone put mosaic tile throughout the bathtub. 

This house was built in 1964 and has had only minor updates as needed like a new bathtub when it was leaking.

Upon meeting with the tenant I advised them of the repairs I would be making (new A/C, Clearing bushes, sealing back area, painting handrails, adding smoke detectors and fixing toilet and bathtub caulking) and the amount I would increase their rent the following month and thereafter ($50/mo). 

New cabinets, floors, baseboard and doors, lights and switches, bathtubs and surrounds.  

Well, to some extent the tenant is responsible - with the caveat that a bathtub should have a working overflow connection to prevent such a scenario.