My cabinet and flooring guy at the same house was supposed to have most of the work done in December, but took off to Arizona for Christmas and didn't even get started until January!

Back porch floor and railings need to be pressure washed5.

Kitchen/baths needs gutted and replaced, maybe a wall or two knocked out/moved, flooring, paint.  

That means that you can't possibly have termite activity in the 2nd floor without evidence of some kind where the building meets the ground. 

They are a very nice couple, we had several meetings, I'd put together a lawyer reviewed JV document and the, reno plan for the upstairs suite of 15k to redo the kitchen, add flooring in 3 bedrooms, and paint the interior.

Question: I have been doing remodeling to my home since I purchased it in 2010- made my living room and kitchen area more "open concept" and have exposed concrete flooring which I want to stain and seal.

Water puddle on the living room floor this morning.  

You will have to paint and at least clean the floors with each new tenant and possibly more depending on the condition of when you bought it.

I have a single unit with similar problems and it has problems with the floors being very cold, moisture build up, and of course mold. 

If you are looking to purchase property for investment you want to make sure that your Agent is investor "friendly" remember that when you are investor you don't care what color the bathroom is painted or if the flooring is pretty.