All the carpet has been removed to cement floors.

An even better option is to go up there and cover the area with roof cement. 

and lastly what would be the 1 thing you would like to advise that would help cement a stronger working relationship between the Property Owner and Property Manager?

So to that effect...Fix the guttersPaint the front make it one uniform colorPaint the railings and posts white Paint the cement blocks; put a simple white trellis in front of the blocks; add some shrubbery & plants in front of it.Remove about 1 to 2 feet of grass on both sides of the front walk way leading to the stairsFlank the walkway with plants and solar lights maybe even box it in with red bricksPut some outdoor seating on the porch and some potted plantsPut in a nice decorative mailbox at the bottom of the stairsAdd a nice decorative house numbers on the door or next to itAdd some nice lighting by the front doorAdd some hanging plants by the corner postsThese should greatly improve the look of your house.

I have used hydraulic cement twice and have not had had a reocurring leak yet.

It is just a form of stucco,, but you may also be referring to Lahabra cement

Please be sure to consult with a knowledgeable CPA to cement your plan. 

Since it's on the lower level and currently unfinished with cement floors, it doesn't count as taxable sq footage.

I have fixed these by patching with vinyl cement and painting the entire wall with multiple coats of water block.

Code now requires there to be straps, which are cemented into the block, and wrap all the way around every truss.