@Trish GeyerWe own pre1930 buildings (14k-27K/unit purchase price) and 1980+ brick & cedar & vinyl one story duplexes (50-55k/unit purchase price).

The other one we just put vinyl siding over the asbestos siding.

Paint, flooring like luxury vinyl plank, curb appeal etc.

You could put a luxury vinyl right over it and that would make it look way better.

Most of the time ive had these small sections cut out and replaced with a pvc fitting.

PEX is cheaper and better than PVC or copper and will be easy to install since you are gutting.

My current side-side hustle, Global Artisans, employs local refugees to make bags out of recycled vinyl banners.The BP podcast has already been a trove of knowledge and motivation, but I'm glad to finally raise my hand in here and pay forward the advice and support the BP veterans so willingly give.

I'm going to have the outside vinyl sided which will be the only cash I have left in the deal.Actual Monthly Expenses:Mortgage Principal & Interest: $380Monthly Taxes: $68.92Monthly Insurance: $63.75Cap-Ex: $95Vacancy/Credit Loss: $47.50Property Management: $50Total Expense including estimate for vacancy and cap-ex: $715.17Rented @ $950 per monthExpected Cash Flow: $234.83Living Room:Master Bed/Bath:Under the cardboard box in the pictures were about a hundred cigarette burns in the carpet...Between the 5 people and 3 dogs living here when I bought it there wasn't a blade of grass in the back yard:Still haven't done the vinyl but it sod does wonders and it only took 1 pallet. 

I'm also including Luxury Vinyl Plank, can't edit the title of the post though. 

I had just installed new windows and they were able to use a thin wedge or screwdriver to break the sash lock mechanism as they are vinyl.