The 3rd floor space currently has a bathroom, half kitchen (no cooking facilities), a small LR, walkin-closet, and 1 bedroom.  

Invite all the agents from your office, all the agents you know and have dealt with previously, and all the brokers that showed the property initially.As for the smell, a fresh coat of paint and a thorough cleaning of any rugs/carpets plus the kitchen area will help.

I have to replace the carpet in the living area which is continuous with the kitchen vinyl.

I'm just guessing, but to get to that amount, we're probably talking about a horrible looking kitchen and bath, maybe a bad roof that needs new shingles, smelly stained carpet, and dirty walls with holes in the drywall. 

The wall in the kitchen where the stove was is damaged and the laundry room/ half bath has damaged walls. 

The previous owner (possibly illegally) moved the kitchen to the 2nd floor and operated an insurance agency on the first floor.

The kitchen cabinetry, was old and beat up.

"Wear-and-tear" is a part of the rental business and one reason for collecting a security deposit, but if there is a kitchen fire, it is doubtful that the deposit will cover those repairs.One idea to encourage tenants to purchase insurance... 

Everything from needing a new roof, to siding and having to completely renovate the walls flooring, kitchens and bedrooms. 

The house is in very good condition, it needs new flooring throughout, complete kitchen and bath remodel, the two smaller bedrooms are getting new closets (currently no closets in them, so I guess they aren't technically bedrooms), a little work in the basement (it's somewhat finished and I just want to spruce it up), new windows, new entry doors, and a new concrete pad in the garage.