Of course, there are always other factors to consider i.e. cracked foundations, cost for deferred maintenance, cost to rehab if everything the kitchens and bathrooms were built in the 1940's, etc.

Hey everyone, I am currently looking at a property in Greensboro NC, it is a 3 bed 1 bath, we want to put a 2nd bathroom in there, nothing special just a normal run of the mill rental grade bathroom.

It has been closed for 12 years, but still contains a large walk-in cooler and some display shelving, and has no bathroom. 

I am updating the kitchen and bathroom in the unit I will be living in, which are the biggest bangs for your buck as far as appraisals and having good renters and rent prices go.

I was remodeling a bathroom with my brother last year and he damaged the tub.

Central AC, tiled kitchen and bathroom floors/backsplash.

When I turned 19 I bought my first 5 bedroom 2 bathroom house in the shittest part of Grand Rapids...Stewart St.

After we get the walls and ceilings taken care of I will still need to renovate the bathroom (tub is solid but needs cleaning, needs new sink, vanity, and toilet) and renovate the kitchen (needs all new cabinets, sink, and appliances).

I have a good grasp on home repairs as I have replaced walls, roofing and even remodeled my own bathroom successfully.

It’s not quite as important, imo, when purchasing a rental, bc renters are more concerned with bedroom/bathroom count, finishes, etc.