Sounds like back to white/ off white is the consensus replacement for grey.  

But reducing debt by paying taxes isn't always optimal.One thing you could consider would be to purchase the first replacement property cash and a mortgage on the second property, kinda like @Jason Wray had mentioned.

It would probably be worthwhile to hire a consultant for this component to point you in the right direction if you dont have any lending experience.

We got him a quote to replace two doors.

It does have a separate entrance that will need to be replaced with French doors.

I'd check the water shut off valves (under sinks) - if they are "old" knob style, id try to turn them to shut off the water and see if they leak (they do tend to do it over time) - replacement can be costly because it will require water shut off to the entire building (unless you have the individual main water shut off) - it will have to be done thru HOA, increasing cost. 

My key requirements are Coverage that allows for rebuilding or repairing the properties at current replacement cost (not depreciated value).

That was our ah-ha moment, realizing real estate could eventually replace our job income.From there, we just stayed disciplined.

Cut low‑value habits by replacing them with a cue routine reward stack, and measure progress by actions, not feelings offers sent, PMs interviewed, deals scanned.

The roof needed to be replaced.