It needs some tuckpointing, repainting of brick, floors, paint, appliances, HVAC in the next few years, possibly windows, electrical upgrades. 

If you're deadset on repainting it, I'd maintain the current color scheme personally. 

It also depends on what type of unit we are talking about - high end might not get repainted every time, whereas C class probably will get the standard color between every tenant.

Finally, sometimes we'll agree to lower the rent to slightly below market if they agree to make some repairs that are needed on the house (ie maybe repaint [we supply paint] if we trust their skills).  

Bad idea - pay rent first then you can talk about hiring him if it needs paint - make sure you approve the paint colors - if he paints it bright purple then you will have to have it repainted upon move out and it will cost a fortune to cover up the purple paint - also think about this, if he does a bad job and you don't pay him, he can file a mechanics lien on the property until you do UGH - you don't want that - have the proper docs in place before you hire anyone - scope of work, pay agreement, general release and final paycheck - this will protect you

In owning a home, they represent the following.1.RepairsFrom time to time you need to repair your house. if you want to live comfortably you need to repaint it, check the cracks on the walls and ceiling, fix the plumbing and even the wiring.2.RemodellingA lot of employees continue to say yes to 401(k) offers especially when it is laid out to them.

Re paint entire unit with eggshell white.

If you can do some sweat equity like repainting or replacing carpet with laminate/luxury vinyl planks you could boost the value and desire ability for a couple thousand dollars. 5 gallons of paint is like $120 and covers several rooms.

It will also need to be repainted every few years and the paint is very difficult to remove if anyone wants to go back to natural brick.

We have currently repainted, added LVP and LVT floors to the kitchen and bath respectively, replaced the furnace, and updated wiring, outlets, and fixtures throughout.We purchased this deal using a 5% conventional loan 30 year fixed at 3.375% in January of 2022.