We painted, fixed ceiling cracks, replaced the floor with laminate and new carpet, replaced ceiling fans and light fixtures, bath vanity and toilet.

I will be replacing the oldest ones over the next 5 yrs.  5 of the six were manufactured between 1969-1971. 

What do you think is the best way to replace this patio? 

In addition to spending tourist dollars, I pay folks to mow lawns, clean yards, clean up the houses on turnover, shovel snow off sidewalks, paint, replace flooring, etc.  

And of course replace the carpet with LVT. 

Also you can notice that rubbery material, I was thinking of  ripping it off and replacing with a new one but not really sure what product I can use to replace it.

The flip was extremely challenging - original plaster walls, original mud bed tile and lathe, heavy ciggarette residue throughout, complete bathroom framing and subfloor replacement needed, and a challenging layout.

The flip was extremely challenging - original plaster walls, original mud bed tile and lathe, heavy ciggarette residue throughout, complete bathroom framing and subfloor replacement needed, and a challenging layout.

There were definitely a lot of comments on the report but the main one that the inspector pointed out was replacing the gutters and route the downspouts away from the house, adding gutters to the garage and putting a back flow valve on sump pump. 

If something big is going to need to be replaced soon (eg 1-2 years), do it when you do the other renos to minimize problems when tenants are there.