Figuring out the highest value items to rehab?

[Christopher Nguyen]

Outside of fixing something that is broken, or obvious things (like mismatched wall colors), do you have go-to rehabs that provide the most ARV or is that dependent on your local area and what people value? For example, say the house is in working condition and there's potential to rehab the kitchen, tiles, bathroom, etc. Are you usually choosing one thing first, like rehabing the bathrooms which will provide the return (return being your investment in the rehab vs ARV)? Or is it dependent on the environment of your property- say you have an area where families move in a lot so rehabing the kitchen may be more valuable?