The complex has a mix of 1, 2, and 3 BR condos, and the 1 BR units are in the sweet spot for us, in that their price is too low for conventional financing, leaving cash sales and owner financing as the primary options for incumbent owners of single units looking to dispose of their apartments.  

So you are probably spot on with starting to understand the market better.

Sanding and priming chipped paint in two spots.

I don't know the room number, @Elton Seton, but you'll be able to spot it easily.  

The Code guy says that the floor feels a little soft and he wants me to fix a spot next to the wall.

You are in a great spot and have a lot of options.  

Currently I have been browsing loop net to spot any good properties.

I am a retired cop from Boston, moved to sunny Florida about 10 years ago.

Here is a blog where I wrote about a recent 42 unit we bought and did creative things to add value. https://www.biggerpockets.com/renewsblog/bought-multi-million-dollar-apartment-complex-age-26/Just a few ways to produce ancillary income:- Laundry Coin laundryDetergent/laundry essentials in a vending machine in the common area laundry rooms.Rent individual W/D to each unit-Parking Garage parkingCovered parkingprime spot parkingJust plain old charge for parking-Renovations Interior units upgradesCommon area renovationExterior upgrades for curb appeal-Vending machines In common areas such as exercise room, pool house, laundry or leasing office-Trash pick up service In high-end buildings they have a service where you can set trash outside your door and for a fee maintenance will go around each night and collect it so the resident doesn't have to carry it to the dumpster.

Begin to get some real knowledge of property values so you can spot a good deal because believe me they are not just out there waiting for any old investor to come along.