(case by case basis depending on rents).

And who knows what is in store with the jobs market.It also depends upon the election and what policies are implemented.I am hoping prices continue to drop in multifamily, and we see a pick up in activity.

Paint cabinets instead of replacing (dependent on the area, see this work in many markets, instead of paying 2x-2.5x the cost)3.

It really depends on your strategy.

You also need 12-24 months of reserves so need to hold back some of your down payment money possibly depending on other assets that you may have.  

Expensive markets can be a challenge, but here are deals to be had, depending on the amount of work you are willing to do.

Depending on your situation a MTR or long term rental might have advantages.  

There are several avenues to consider here, and I'm sure you can get her out but depending on the above answers it may be easier or harder, cheaper or more expensive.

I think it also depends on the class of apartment you have as well and who is your target tenant. 

I assume the compensation would vary depending on the tasks.I am a full service property manager and I offer both full and limited terms.