Rehab strategy - spit and polish or full rehab

[Jon Graham]

I'm an investor in NW Indiana. We have done a few successful flips over the last couple years. On the houses we have done, our strategy has been to do a quality rehab and try to drive up the resale value of the house. We have been pretty successful at this, but sometimes I wonder if it might be better just to do a quick simple rehab and take what we can get. We have always gotten a decent return on the extra time and money we have put into rehab so i wouldn't say we have a problem necessarily. We also enjoy the process of taking a distressed property and making it truely beautiful again. However the ultimate goal is to make money of course. 

With all the long time pros on here I'm hoping to hear what has worked for you guys and why. 

Here are a few pics of a recent house we finished and sold in 24 hours for asking price.