Edge of top tiles is biggest issue, I've both had them rounded over by granite shop for $5 each, and used diamond pads in a drill to polish out the square edge.

@Ryan F. for a 5% COC, I'd expect a perfect building and the landlord to polish the door knob on his way out so it is shiny when I arrive.

@Elizabeth Wilson how much did the stained (I'm assuming polished) concrete cost you per sq.ft?

We have a friend with a rental in Mesa along the following lines- built in early 90's all the fixtures are polished brass vs the brushed nickel you see now.  

That said, if one doesn't know the difference between shoe polish and shinola one will not be in this business long.

. =================== Dirty Trick #1 “Stack It with Felons” Some Sellers, typically those in desperate straits, will polish the performance numbers on their property by lowering their tenant screening standards.

Polish it up, do some re-hab and raise rents as leases will allow.

With the original hardwood floors it needed a little polishing, fresh paint and a few minor updates.

It's not highly polished, but it works and has a lot of the features you'll want. 

By the time potential renters see the units they have basically made up their mind.This is why, when passive investors look for a value-add deal, they should prefer the slightly junky building to the polished complex.There is some “meat left on the bone” to do an obvious improvement and quickly boost the rents.Full Article on this topic 👇👇👇Make Or Break Your Rents In Multifamily Deals