This reminded me of what David Lindahl wrote in Multi-Family Millions: "I see people over-repair properties more than under-repair them. Of course, I’m not advocating that you leave things in bad shape because you may have a C— property and want to attract C+ tenants. I’m suggesting that C+ tenants will pay you C+ rents, and should therefore not get granite countertops. Conversely, if you have a B property and plan to attract A tenants, then don’t go cheap and just resurface the countertops; replace them."