uprade my rental before selling

[Zac Davis]

My father bought a house when I started college for me to live in and rent out to 2 tenants 4 years ago. everything was great but since i have moved out he has not cash flowed well enough for his liking so the plan is to sell the place after the current tenant's lease is up in June. 

recently, homes have been flipped in the area and sold, upgraded and similar sq ft, 3b2bt for 205K-215K. During a brief time between tenants the place was put on the market for 185(needed some work) but didn't sell . this was about 6 months ago. 

our plan is to update the kitchen, and both bathrooms. 

has anyone done this before? I know this house can sell for over 200k with some updates, but i would like to know if this is a good idea. We are both fairly new to investing, especially when its time to unload a property. we just want the most we can out of this one.

another benefit to all this is since im local i would be handling the renovation. I would get the experience because eventually i think I would like to flip homes and this would definitely help learn the process.