There are foundation issues, minor termite damage, slanted walls and floors, and electrical issues to name a few.

I don't like either of those things in my unit so I am considering the following options:Option #1Ask both tenants to leave 30-days after I take possession of the property , renovate the units on the outside & inside (gutters, siding, interior paint, floors, mini-split units, ceiling, other miscellaneous things) then raise the rents to around $700/month each and look for good tenants (no smokers, no pets, good jobs) to put on a 1-year lease.Concerns: I question whether or not this is the right thing to do since the virus has many peoples struggling with their jobs and I don't know if its right to ask the tenants to leave during this "crisis" (they have lived there for 8 years and have been paying rent).

Since there was some floor plan re-structuring since we added a bedroom on each floor, and removed a wall to open up kitchen/living room area, it would have be better to demo all plaster and start fresh.

Purchase price: $365,000 Cash invested: $525,000 Sale price: $685,000 This property needed a Interior and Exterior Renovation, and floor plan re-structuring to optimize square footage.

The light renovations include new paint, sanded hardwood floors, and upgraded fixtures.

Although, we want to make it easy for sellers, do we ask them to do more legwork in lieu of a walkthrough, like telling us up front if there are any major issues with the property like foundations and old roofs, uneven floors and rotten subfloors?  

The floor plan is pretty bad but I have some good ideas on the rehab, but Its my first one and I'm at a crossroads.

First floor tenant breached the rule but after my discussion with him, he promised not to do it again.

A single family property with hardwood floors and only cosmetic repairs for only $78k.

My property is a townhome with a hardwood floor.