During high school I fell in love with modern and contemporary buildings but when I joined the US Navy and saw most of the European coast, The Persian Gulf, and the Suez canal in Egypt, I fell in love with the architecture all over the world. 

A combination of all the above?

I'd paint all of the cabinets grey, get modern pulls, replace the countertops, faucets and lighting fixtures.

IE all tile bathrooms.. nice modern cabinets slab grantie .. 3 colors in the house all designer paint etc etc.  

On top of that, combining resources and lowering overall costs at the government level should have a net positive impact on the area and region to grow.  

I usually figure 15% combined.

I see some veterans here use a 21-23% combined on them.

Hi Bill,On a side note, I've seen those old craftsman homes with restored woodwork and modern kitchens and baths and they seem like real nice family homes.

The goal is to bring the building's net operating income up through a combination of raising rents and making the tenant's responsible for their own gas/water bills.

If you combine a solid turnkey provider (oftentimes that's the hardest part) with solid due diligence on your part, you should be off the races.