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Finish the upstairs into two full bedrooms with two walk-in closets and a sitting area (including all new electrical, heating/cooling etc.)
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New windows (only replacing broken ones, not all windows)
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Yard clean up
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Paint all exterior wood
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Clean out house
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Replace front porch
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Home brought up to Section 8 Guidelines
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Paint basement walls / floors, repair any leaks
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Patch, prime and paint all interior
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New carpeting, tile through out (including kitchen, landing and down the stairs)
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Fix hot water heater
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New furnace
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Update kitchen cabinetry
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Fix/Replace any plumbing/electrical as necessary