#1 Miami, Florida With regards to world-class amenities and delicate feature draws, there are couple of urban communities in the U.S. that can contend with Miami.

It's like asking for advice on a used car based only on the colour.  

Nothing upsets the delicate balance of multi-family living than when tenants find out that the folks in Apartment A pay $50 a month less than they do

We had planned to repaint in our standard colours, re-grout the bathroom and replace the refrigerator.

Always use a dark colour grout in traffic areas.

@Nick CiarnielloYou need to collect far more information before you would know whether you have a deal worth pursuing:who are the clientele;how does the rent role compare with the local neighbourhood;what is the economic vacancy (physical vacancy + turnover + uncollected rent + evictions);what are the operating costs;what is the physical state of the assets (roofs, HVAC, envelope, appliances, parking, etc) and how much near term re-investment is required or likely;what is your target rate of return.You want to obtain real numbers (not rose-coloured prospectus projections) for the past 2-3 years and use them to carry out your own discounted cash flow analysis of the property.Also keep in mind that properties freshly on MLS - particularly during the hopefulness of spring - are rarely priced appropriately to be a deal.  

@Andrew DanielIt really depends on the property and on your market.We will be doing a full-gut retrofit on a Victorian duplex (will be three units when we finish) and I am planning to send the two clawfoot tubs out to be refinished in a victorian era pastel aqua, red or yellow ... the form will fit the era, the colour will add a bit of pop and tie into a more modern vanity.

@Chingju Hu could be a great place to start.  

It is a delicate balance of ACA fees, IRMAA, SS, distributions/conversions, and income.  

It would be a bit weird, though, if she charged her husband full price.Just out of curiosity though, is this about choosing colours and finishes or about moving walls?