The asbestos with tiles is probably underneath and not on the surface.

If you want to warm up a living room the tenants can get a great area rug designer on sale for cheap like 99 dollars and throw it down.Make sure with the tiles they are not the slippery kind with no grit to them.Those kinds can get wet and make people slip and fall.Much better to spend about 6 cents more a sq ft and get the cheap kind but they have the grip coating and not the ultra smooth slippery surface.

I am trying to decide between standard shaker like here and flat glass surface, like here  

In the level area I put in surface drains as well as a french drain next to the foundation. 

The property we purchased had been on the MLS for 80 days and on the surface appeared to be overpriced.

There were also little white rocks and residue on pretty much every hard surface of the apartment.

Over painting of all surfaces is needed.

My best market was Atlanta as has been spoken about... and I only scratched the surface of what I thought could happen.. but back in 2010 raising investor cash was one tough go.

For you it is probably those 6 foot block walls with stone surface.

On the surface, this sounds like someone will be working for below minimum wage to make this work - unless everything in all 12 units is brand new and you have good tenants locked in and paying for the next 5 years.Maybe leaving California taxes behind will add enough income for you to make this work.