Purchase price: $215,000 Cash invested: $50,000 Sale price: $379,000 Purchased home in established neighborhood, and over three years was able to go room by room refinishing the house.

@Lamar SlaughterWe are updating any non double panes, refinishing the hardwoods and replacing most other flooring already@Glenn HastingsThat makes sense as I am the employer and need to manage the project.

The quote was around $1400 to sand and refinish the cabinets and put all new hardware (hinges and knobs) not including hardware. 

The play there is refinishing the floors, new kitchens, baths, mechanicals(hvac, water heater), windows and paint and you have a product that functions that same as a gut-rehab for less capital invested. 

Roof got started today (and of course it began raining), carpet was removed (original wood will be refinished), and countertop went in today as well!

Comps were $250K refinished .

The kitchen could use updating, the floors need refinishing, needs fresh paint, and maybe some new light fixtures.I am seeking any advice on how to increase value in the most cost effective way as this is going to be a rental.

A MARBLE & TILE CO CAN RE FINISH IT BUT IT WILL COST AS MUCH AS NEW.

By the time he replaced the bad parquet, and REFINISHED 3/4 OF THE HOUSE TO MAKE IT MATCH.

He runs a property management co along with his realty so I know everything will be handled well.I am into refinishing antiques and so the idea of taking something back to its shining glory is HUGE for me.