There will no doubt be a lot of properties that will be repurposed .One example is a mall here in Los Angeles that was there for decades and now it’s going to be converted to creative office space .I believe with the lack of housing in Los Angeles a lot of outdated commercial will be converted to housing .

I wouldn’t say fixer upper but it is very out dated.

Most of the windows still seem to be intact but have a lot of cosmetic issues and the style is also quite outdated. 

I would let them know that X is their hard move out date. 

(you mentioned that the units have been renovated in the last 10 years, but in a hyper competitive market like Brooklyn or Queens, 10 year old renovations are considered outdated by most investors and renters.

We removed an outdated playground in one of our properties in Jeff City, and it was more expensive to insure.  

Flips can go sour quick, and living there can turn into a nightmare quick.I would instead look to buy an estate sale outdated but we'll maintained property.

Perfection is outdated :-)

Both the seller and his agent know that the rents are ridiculously low and im positive all the tenants are expecting rent increases, I think increasing by $10/week every couple of months will ease the pain for them, I dont mind covering some of the mortgage for the first 6 months or so, even if the tenants decide they want to move, they will start looking at current rental rates in the area and they will be sadly disappointed and will most likely end up staying anyway especially if i entice them with updates on their units like newer flooring and appliances because some of the stuff is out dated. 

The main news networks, change there story with the wind and much of what I find is very outdated.