Perhaps with the property that old there is only two wires running to each outlet (no ground).

I had written off investing locally, but perhaps this niche pencil's out! Let

jonathan,I mean most of the report reference electrical outlet renewals and update electrical sockets

I'd also suggest Home Center Outlet as a great place for better quality cabinets. 

I see that there needs to be some hvac vents and outlets needing adjusting.

Monthly Expenses = $2800 Per Month: Current Management Team = $1000.00Insurance = $224.00Real Estate Taxes = $92.00Fiber Optic High Speed Internet = $89.00Cable TV = $52.00Trash Dumpster = $55.00Sewer / Water = $186.00Natural Gas (average) = $142.00Electric = $327.00Housekeeping = $270.00Ongoing supplies = $230.00Maintenance = $133.00Total RenovationThe renovation started in 2011 and was completed 2016 with entire complex being gutted to the studs, then completely rebuilt fully furnished inside and out to new standards, as follows: 26 gauge top of the line triple epoxy coated metal roof26 gauge top of the line triple epoxy coated awning and patio coverSingle hung gas filled energy efficient EZ clean vinyl tip-out windows4 new natural gas water heatersAll new plumbing throughout entire complex/buildingOnly #1 Grade Premium lumber was used throughout entire renovationQuality Price Pfister plumbing fixtures and lifetime parts180 feet of new 4 inch sewer line from the building to the street tapNew premium exterior fiberglass dimensional Colonial style entry door with new door jams, aluminum thresholds, all new lock sets and peep holesCustom picture framed windows with decorative edging and exterior door trim to matchCommercial toilets: all new PEX plumbing, shut off valves, bullets, supply lines, hose bibs, angle stopsNew attic and wall insulation with vapor barrierUpgraded electrical, HE lighting, new fixtures, switches, outlets, breakers, energy efficient lighting, vapor lights, rope lighting and HE flood lightsCustom artistic signage (3) built by Management TeamNew drywall, texture and highest quality Valspar paint throughoutAll exterior wood was hand primed and hand paintedNew vinyl fencing for corner lotPremium Quality pillow top mattressesNew hand textured walls (office), ceiling and covered entryNew concrete sidewalks, kitchens, baths, showers stalls, toilets, vanities, cabinents, counter tops, sinks, refrigerators, microwaves, deep freezers, dryers, A/C units, flat screen TVsAll work has been documents and permitted

A lot of what they are finding is the typical stuff, caulking, outlet's not wired properly or not grounded, mold, etc.

Perhaps a simple upgrade of all the sleeves and some in-unit amenities may be a better ROI (example: USB Outlets in all areas)Here is a sample of a 40 Unit Building I am in the process of flipping over - meaning purchased this asset in a C area - average rent is $425/unit for a 500 sq. ft. apartment, with new renovations new rate $649/unit.

Want an electrical outlet , thats $95 , want chair rail in the dining room , add a grand , ..........it just keeps adding up .

I work with quite a few different local real estate agents here as well and would be more than happy to help out.  Let