How much should I renovate while house hacking?

[Lorenzo Dudley]

My wife and I purchased our first home and we are planning on house hacking it is a 5 bed room 2 bath we plan on renting out the top 3 bed rooms and live in the basement the upstairs is rent ready but my wife and I are planning on renovating the basement while we live there and the most I have done in my life is paint a wall. I hear all the time don’t over renovate because you won’t get your money back out. But I want to take this opportunity to learn. Am I waisting money or is the knowledge worth it?