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Advice Needed ~ Updates to rental unit
Hi guys,
I'm looking for some advice here on renovating a rental unit. I'm planning on closing on my second property in Chicago in January and wanted to get some advice on the most cost efficient way to update this rental unit. I've attached pictures to give you a better sense of things.
My initial thought is to do the following, but please let me know what you guys think. These are rough estimates.
New Paint - $2500
Kitchen cabinets repainted - $1500
Kitchen Countertops redone (granite) - $2000
Kitchen Island instead of current setup - 1500
Kitchen floor redone (allure) - $1000
New bathroom vanities - $500
Do you guys have any advice or would you do things differently? Here are attached pictures.