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Yes, I had a Fannie Mae under contract that had new appliances, new carpet and fresh paint.  

I had neighbors that used to turn up the heat and open their windows "because they wanted to be warm but also have fresh air, and anyways it's free" ....

But certainly owner financing a fresh rehab you'll pay capital gains in the year of sale since it's inventory.  

Tenants like this because they can keep the door open to get more fresh air on a warm day, keep bugs out, and still not have to worry about the kids going outside..

My first reaction was that this feels like a bit of killing a mosquito with a hammer, but your later postings reveal that you find them to be a troublesome tenant.You likely have cured them of fixing things without your permission, but I doubt their complaining is going to stop.

My experience is that one coat of paint in the main rooms and hallways gives that clean feel and fresh paint smell, even if they don't show much wear and tear.

If you set down your goals and work you way backward to your current situation, you may find that it will reveal the direction you want to take.

I believe both @Ali Boone and Lisa Phillips on here, both writers for the BP blog, have a fresh perspective in this realm.Hope that helps, good luck!

My idea is he will just level the house and start fresh.