That looks like a screaming good deal to me on the surface. 

This restaurant, on the surface, looked like a very classy wine bar/restaurant. 

There are glue down systems as well but those are thinner and you have to worry about having a level surface before installing.

My partner initially tried the level it up with a slight ramp on the surface with cement but the Bldg Inspector told us to remove it.

For paint to stick you should scratch the surface first, use steel wool or something.

Also, nowadays they have water meter apps such as "Water Hawk" that can alert you if your water usage is going above normal and things of that nature you may want to check with your water company regarding this so that in the future you would be alerted the minute that a leak surface

@Kevin Allen - These are for Chicago, but likely very similar for other local housing authorities...MOST COMMON FAIL ITEMSInoperable light fixtures and improperly wired electrical outlets (reverse polarity, open ground, hot neutral reverse, etc.)Deteriorated and unstable paint on surfaces (peeling, cracking, chipping, etc.) in units built prior to 1978 where children under the age of six reside or will resideMissing, inoperable or incorrectly mounted smoke and carbon monoxide detectorsBroken or inoperable windows (cracked glass panes, broken locks, drafty frames, etc.)Exposed electrical wires/connections (light fixtures missing globes, electrical junction boxes missing cover plates or knockout plugs, breaker boxes with open sockets, etc.)Broken/faulty door locks and drafty doorsCutting hazards, including protruding sharp nails pipes/metals objects with jagged edges,deteriorated sheet metal, cracked glass blocks on windows,etc.

The following items should NEVER be flushed into the sewer system: Disinfecting/surface wipes Mop or “Swiffer” type refills Baby/ Adult wipes Paper towels Jewelry wipes Pet care wipes Cosmetic wipes First Aid wipes Disposable diapers or diaper liners Bio-pads (nursing home, home health care, etc.)

However, the units have hard surface flooring, new tile showers and other updates that make em look nice.

There's no such thing as irreparable damage; everything can be repaired, even if it takes razing and redeveloping.Latex paint should just sit on the surface.