I am constantly moving something with my truck to either mow the lawns or remodel a bathroom.

What are the best options for fixing this section if all the other tile in the bathroom is in good condition?

By dated, do you mean it needs new paint & carpet, or are the bathrooms pink/baby blue and the kitchen cabinets falling apart?

Have a contract with a seller for a house in good shape but discounted because of their personal reasons.

The asset type I would pursue would be a heavy cash position so I can buy deals at a discount in the event of a crash.

Real Estate Training events, where they give a discount for a spouse or allow them to come at no charge, is definitely a way to begin to get on the same page. 

With 120k saved up in liquid assets I would start finding discounted properties that need work.

There is a bonus room with an exterior entrance that has a 3/4 bathroom and a small kitchen that may be able to be used for something or added to apartment next door turning it into a third two bedroom apartment.6.

The business plan is to basically BRRRR these properties, purchasing at a discount due to the properties are underperforming, we are obtaining a construction loan from a lender, improve NOI and refinance a 1-2 years down the road and then hold long term. 

So I got into a really dated unit that was in good enough condition to be financeable, for maybe a 10% discount.