The home has had many renovations done as far as flooring and kitchen, but the Main Bedroom and Bathroom is unfinished and the home is in Foreclosure.

Idk what a lipstick renovation is, but I'm gutting both bathrooms and the kitchen.

When we moved in we were using the down stairs units kitchen and bathroom and living upstairs because the appliances upstairs weren’t really usable and the shower had cracks. 

The house will need new interior everything - plumbing, electrical, kitchen, bathroom, walls, etc. 

Research local rental market trends for 3-bedroom, 2-bathroom homes to determine competitive rental rates and ensure they align with your financial goals.Consulting with local real estate professionals can provide valuable insights into market trends and potential challenges.

Foreclosures, short sales, and off-market deals can provide these opportunities.Target up-and-coming neighborhoods with increasing home values rather than already hot areas.Research comparable recent sales and get an inspection to accurately estimate the after-repair value (ARV) before making an offer.Follow the 70% rule - the purchase price plus renovations should not exceed 70% of the ARV to leave room for profits after selling costs.Focus renovations on maximizing returns - kitchens, bathrooms, curb appeal rather than over-improving.Hire experienced contractors and have a project manager oversee work to keep things on schedule.Price the renovated home at or just slightly below comparable recent sales to facilitate a quick sale.

Essentially, we want an extra room with a bathroom and a small kitchen primarily for our own use and for extended family to use.

They are basically renting an apartment with a kitchen and bathroom, but I am telling them they are not allowed to live there.

The place needs a little bit of renovation (kitchen, floor in all rooms, bathrooms).

Dad beat the living Hell out this guy dragged him to the bathroom turned the bath water on and drowned the guy.