You could do something like offer to buy on terms at around $76K-$81K and just sell it at around $99k with some fresh paint and touch ups. at $35k less any Realtor would would consider there client to buy at that price point.

It would be mostly cosmetic, i.e. paint touch up, cleaning carpets, etc.

Paint touch ups?

I think a duplex around $150k that needs a little touch up would be right up your alley.

Now, the originally planned 'touch ups' turned into a new carpet (very, very bad dog pee smell), to painting all of the 1978 style wall panels (very dark and outdated look) to getting a new roof (original roof that was absolutely in pieces).

I guess: 6 hours to paint (including dry time and touch up), an hour to pour, over the first few hours I have to keep brushing the edges and catching droplets on the underside, and then 2 days to fully cure. 

The day I met him at the apartment to sign the lease he was obsessing about paint touch ups.

Cheap paint applied badly tells the prospect that you are cutting corners and there are likely to be other hidden surprises.If you do a lot of projects stick to standard colors so you can use surplus materials on the next job or go back and touch up later when needed.John Corey

I replaced them with french doors and did some other touch up and sold it in 2 weeks.

Regarding your questions and points:is there a benefit of being able to keep tenants longer Yes less lost rent during turnover, less light cleaning and touch up paint.