I almost lost it a couple of times, but looking back that probably would have improved the smell.Then, I rented out a duplex. 

Will your reno's improve the property value and by how much?  

I would look for a 4 plex that needs a shot in the arm where you can raise rents from say 550 to 750 by improving the property.

I was looking to see if there are any possible grants to fund investment properties and came across hearing about the HOME Improvement Partnerships Program with HUD.

BP Team,
I am an Executive MBA student at UCLA and currently in my final stretch working on my thesis paper. I am consulting with a RE crowdfunding online marketplace to help them determine what, if any, sustainable ...

It is my understanding that 15-yr property, including land improvements and qualified improvements, qualifies both for 1031s as real property and for bonus depreciation.

This is a home improvement where they will get back MORE than the $1k they put into it, unlike most home improvements for most houses in most scenarios ("omg the $30k upgrade to an already functional and complete kitchen doesn't improve value by $30k, this is an outrage!"). 

Certain repairs can be expensed from a rental, but capital improvements must be capitalized and then depreciated.

It is a lot easier for them to supply the same list for improved or built upon properties but not so much for raw land.  

You could do a reno to your unit as extensive as a full remodel, or just a roof, HVAC system, and/or upgraded electrical service (you get to add it to the reno because it affects your 1 unit but it is great because that infrastructure improvement benefits the other units incidentally).