Might be of interest to some of you if ever in this situation.ERRORS & OMISSIONS CLAIMS STUDIES Claim Study 1: Square Footage Discrepancy Facts: Prior to marketing the subject property, the listing agent drew a floor plan of the house showing 3,500 square feet.

Flooring is light hardwoods.

I WAS floored when I walked into a big Memphis PM company and the owner said  BROTHER 50% or better of our folks here rent. 

That $10-15k could go a lot further elsewhere, like on cosmetic finishes (especially in the kitchen or bathroom and refinished floors) and/or a new roof for the main building.

Our situation:8-plex, no washer/dryer hooks ups in units, separate laundry room accessed from the outside with a key, each tenant household is issued a laundry key, rules for use of the laundry are posted in the laundry room and written into the rental agreement, laundry room hours are 8am-10pm, there's a natural gas hot water heater, one electric washer ($1) and one electric dryer ($1) - which is less expensive than local laundromats, one utility sink, one laundry work surface attached to the wall for tenants to sort and fold their laundry, one baseboard heater, one floor drain. 

I'm thinking I can cover the flooring and installation, which would save a lot on labor.

I think the main thing they want to protect is the info they have gathered for a couple of floor plans they have.  

The tenants before were living there for 10 years and upstairs unit for 5 years so I want replace some old windows, rip out the carpets and resurface the hard wood floors, and paint. 

Sketch out a floor plan and get dimensions of the rooms and areas etc where you can now put cost to quantities.  

Builder beige has been the big one and now trends are moving towards grays.   2 years ago I passed on a house due to the interior color and bought another house in the neighborhood  with the exact same floor plan based on interior color.