I think in this situation you need to do everything you can pronto.
Such as fix the place, pay for paint and reduce rent for the labour at a minimum.
I had a house in Bundy where an outside wall was dangerously unstable and it was a highset house.
You could litterally push the wall around six inches the whole wall moved, it was going to cost a fortune to fix, I went up there and fixed it best I could but ended up selling the house and cutting my losses, it just felt risky.
New owners were developers who intended demolishing the place anyhow.
Be honest and take action, do your best and then do a bit more is my advise.
If you have rental properties with dangerous issues fix them or sell.
Such as fix the place, pay for paint and reduce rent for the labour at a minimum.
I had a house in Bundy where an outside wall was dangerously unstable and it was a highset house.
You could litterally push the wall around six inches the whole wall moved, it was going to cost a fortune to fix, I went up there and fixed it best I could but ended up selling the house and cutting my losses, it just felt risky.
New owners were developers who intended demolishing the place anyhow.
Be honest and take action, do your best and then do a bit more is my advise.
If you have rental properties with dangerous issues fix them or sell.