I'm content with $100/door in my area.Find out from your property manager how much the unit can be rerented for with none of the improvements, all of the improvements, and half of the improvements and run the numbers with the different rents.I would lean toward doing the upgrade items and basic cosmetics, but not do the middle of the road items that typically need to be done and redone.  

If both of these items are over $100k they have a 10% constraint.  

Suggest you stay with a traditional brokerage that provides good training.

https://www.biggerpockets.com/flip-analysisYou may find traditional financing difficult to secure on such a small loan amount, especially if the property is distressed. 

I have 2 successful buy/renovate/rent/refinance under my belt using traditional financing.

CMHC-insured financing can help open the doors to homeownership by enabling homebuyers to purchase a home with a minimum down payment starting at 5%*.Features Loan-to-value ratios up to 95% for 1 – 2 unit owner-occupied properties.Loan-to-value ratios up to 90% for 3 – 4 unit owner-occupied properties.Down payment flexibility — In addition to traditional sources, non-traditional sources of down payment are permitted for loans with loan-to-value ratios from 90.01% – 95%.Flexible financing options — single advance and progress advances are available.CMHC-insured mortgages are portable — helping to reduce or eliminate the premium on the purchase of a subsequent home.CMHC homeowner mortgage loan insurance is available to a maximum of one property (1 – 4 units) per borrower/co-borrower at any given time.CMHC offers mortgage loan insurance premium refunds for homeowners who purchase an energy-efficient home or purchase and make energy-saving renovations to an existing home.

Additionally the budget is prepared in advance and if general maintenance items are overlooked or under funded the money has to come from somewhere. 

With the IRS-approved 401k documents, EIN and support from a self directed 401k provider, you'll be able to open brokerage and/or bank accounts for your 401k and invest into the assets you'd like to have in your retirement account whether traditional (such as stocks) or alternative (such as real estate).While you will not be able to setup the Solo 401k yourself, there are more cost effective providers out there.

My lease read "The following items of personal property are included in the premises without warranty and the landlord will not maintain, repair or replace them: washer/dryer".That being said, a tenant cannot be required to waive their rights to things that affect the legal habitability of the home, even if it's in the lease.

What she needs to do is send a registered letter to her landlord outlining the necessary issues , hopefully they are serious issues not just cosmetic items, and indicate to him that if she does not get a response with a reasonable amount of time she will be asking to terminate her lease.