Rehab - how do you know when enough is enough

[Lesley Whitley]

When you get into doing a rehab ... whether big or value add cosmetic .... what criteria do you use to know when it is "good enough".  It is so hard for me to hold back on not replacing something, just so it looks newer or more trendy (for example, swapping light fixtures and door knobs when the ones there might be okay .... or wanting to swap all switches and outlets to Decora when the standard ones already there just need to be cleaned real good).  I try to remind myself that its a rental, not my personal home ..... but I want my places to look nice.  So, how do you make the decision on how far to go to earn highest rent but without going crazy overboard.  Any help would be greatly appreciated.

[Mark A Story]

I have the same desire to keep going with the upgrades.  I have to constantly remind myself to hold back on these.  I have learned to work on the safety items first including electrical, necessary structural, Roof leaks, water system leaks etc. Next quality of life issues sticking doors, cabinets locking doors, paint, finishes.  Ultimately the rent that the house will provide will limit your budget.