The apartments look they it's been a while since they've had a fresh coat of paint or new carpets, and although I'm not looking to remodel anything, I'm curious, beyond fixing any glaring issues, how much rehabbing of the units would you recommend?   

Now think of a long coat hanger, it not but a fish tape is a lot like it, only longer. 

It's a dangerous place to play without a LOT of experience in that market, sometimes there is not much difference between 1,000,000 house and 700,000 house.We have a lot of experience in the 150,000-400,000 range ...over 100 rehabs, but 500-million is a different animal in our area. 

I personally created my own animated 30 sec spot for the dollar movies in my city, I have my people like @Eyan Lakhani post signs and door hangers, cold and warm call FSBOs etc.

There is an RD multifamily loan guarantee program, but it's a very different animal from the guaranteed single family or single family direct loan programs.http://www.rd.usda.gov/programs-services/multi-fam...10% down for low/moderate income renters.  

However, they are different animals entirely IMO.

Well, I was alone as it turns out, and the owner left.I opened the front door and I gazed at what I thought was a stuffed animal just past a big screen TV.

Residential and commercial are 2 different animals.

Years ago, I lived on the outskirts of town, and when I'd drive my VW Bus into town. there was an old man in a black wool coat (it could be 100 outside, still the same) he had long gray hair (he looked like a character on Laugh In) and he'd be hitchhiking.

She also has cleaning tips to get ready for the inspection.In the future, before you do your C of O's make sure you either replace your windows (that's what I do) or just paint all your windows with a good thick coat of three of paint.