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Is it worth upgrading electrical in an apartment complex built in 1950?

We recently purchased an apartment complex built in 1950. Inspector's report advised us to upgrade the main electrical panel (fuse box) on the outside of the building. He also advised us to relocate fuse boxes in closets stating it is unsafe and a fire hazard.
We met with several electricians to get a quote. It's so confusing because everybody says different things...
FUSE BOXES IN THE CLOSET: One electrician advised us to flip the panel into the bathroom(closet is adjacent to bathroom) and install a breaker instead of a fuse box, another electrician claimed it's not up to code to have breakers in the bathroom.
MAIN PANEL OUTSIDE THE BUILDING: One electrician advised us to upgrade the amperage (currently 30 amps), the other claimed it's an unnecessary change that drives the cost up since we do not have any appliances that require high amperage: no washers or dryers.
So confusing. I want the property to be SAFE for our tenants, but cost-efficient for us. Any thoughts?
thank you.

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