What to renovate For BRRRR

[Joseph Jin]

I recently purchased a house in Hamilton, Ontario.

Going to convert single (bungalow) to duplex.

Would it be possible to advise if there is anything in below that you think is unnecessary for our investment purpose:

Ground Floor:

- Has all original items but painted

- existing old wood floor (narrow wd strips)

- existing laminate countertop with old painted cabinets

- existing painted base boards

- washrooms fixtures are working fine - painted old vanity cabinet

Should I leave all items above leave as is?

Basement:

- Ikea Kitchen w/ laminate countertop

- new standard doors/frames/hardware (lowest prices ones)

- New Ikea washroom vanity/fixtures

- convert existing shower to bathtub (standard)

- stainless steel appliances (get lowest priced ones)

- stackable white washer/dryer (get lowest priced ones)

- pot lights in living/kitchen/hallway

- standard light in bedrooms

- enlarge livingroom window (to get permit)

- new flooring - Luxury Vinyl planks

- AC/furnace/Roofing - 16 yrs old (should I replace before refinance? or keep until they stop working?)

Thank you,