On the surface it is a property I would definatly liquidate based on solid business practices.  

Next, we begin closing the walls, painting, hard surfaces, and outdoor finishes, beginning with sheet rock.

Running cables/power lines underground before putting down your drive surface) This will allow you to add later without having to tear up your drive and will expedite installation at a later date. 

There is a drain line plumbing vent for pitched roof with a roof termination that is less than 6 inches above roof surface.

My main forte' is vba development in Excel. i sent a compiled list of questions (i found around the net) to the seller, the main one being i need a rent roll and some sort of documented expenses.I don't plan on rushing into this deal, but on the surface it looks pretty attractive, and if it is, i don't want one of you hard workers snatching it up before i can get in my due diligence. how i see it currently is Bad management + small property improvements (paint/covered walkways)  = potential for raised rent and increased profit margins. 

But, Tahoe is tricky, the past few winters have thrown a lot of abnormalities in the rental rates and with VR permitting laws/regulations surfacing all over the lake causing additional anomalies in the market. 

Most of the time it's a matter of dealing with surface water on the outside (correct pitch, downspout extensions) or drain tile (a bit more involved) and bracing. 

The floors were extremely unleveled and the new flooring was already coming apart, in one unit a previous landlord spray textured over every surface of the property including the thermostat/door knobs/trim, in both units the kitchen and bathrooms were falling apart and barely above usable condition, the staircase in one unit was obviously illegal it was so steep, and the walls/ceilings in both units were a mixture of poorly cobbled together panels, cracked lathe & plaster, suspended ceilings that should have been replaced a decade ago, and entire surfaces made from something I couldn't determine.  

. (;-) are you sure you are not missing a Zero on the Purchase price - $145,000)$30k for cosmetic renovation on 8 units sounds low. i just did basic to reasonable standard (check my BP blog) and it costs 5k per door. no new kitchen or bathes but re surfacing and granite tops., Viynal planks hardwheres thorough, signage and light fittings, fencing etc.

@William Webb Many of my lessons learned have to do with tenants and I'm quite sure I've just scratched the surface with this.