@Anuja Savaskar I use Economic Granite in Dallas for countertops backsplash and floors.

Install a high backsplash behind the sink to avoid painting and a stainless steel backsplash behind the stove to contain and reflect cooking fires.6.

I'd gut it and do new floors, new cabinets, new countertops, new backsplash, new appliances, new paint.

With being a retail property and renovated to retail standards of the area (tile backsplash, SS appliances, granite, vanity upgrades and several other retail features), I placed it on the rental market with the idea of a 1 yr. lease, then list again.

Early this week I will start posting some after pics as well.The total budget is $30,000 and here is the breakdown.Draw 1DemoPlumbing repairsNew Gas boiler install for 1st floorService of the 2nd floor gas furnaceTotal amount of draw 1: $8500Draw 2Remodel 2nd floor bathroomremodel 2nd floor kitchen: new cabinets, flooring, countertops, and appliancesSheetrock 2nd floor front bedroom ceilingInterior paintReplace 3 windowsReplace interior doorTotal amount of draw 2: $8000Draw 3Rebuild front and rear porchesWrap all windows with aluminumPaint all exterior trimTotal amount of draw 3: $8500Draw 4Remodel kitchen on the 1st floor: additional cabinets, countertops, backsplash, & appliancesOpen master bedroom wallinterior paintinstall flooring in master bedroom and living roominstall new bathroom vanityTotal Amount of draw 4: $5000

Some of the proposed renovations are:- New cabinets- Quartz Countertops- Backsplashes- High-end appliance package- New flooring, paint, and fixtures- Electric car chargers in every garage- Smart home package- Community upgradesWe are anticipating these upgrades to result in a revenue increase of more than $650 per unit per month, from the current $1,644 to $2,304, and we expect the re-positioning to be completed by the end of 2024, or sooner.FINAL THOUGHTSWhiteHaven’s general approach to new acquisitions is most informed by our belief that prolonged success is a function of an unfair competitive advantage.

Tile backsplashes are great on the higher end.

You could probably command even higher rents (and increase the value of the complex, if you have more than 4 units) by doing true interior upgrades like upgraded appliances, fancy backsplashes, faux-finished countertops, etc.

.  ($750k if market holds)Our plan was to get the house to CO, then HELOC to finish the other guest bathroom, Trim, do backsplashes and other “unnecessary” finishes.Due to covid  my banker told me things have tightened up so they won’t loan on a house that’s not 100% complete.Looks like my only option now is utilize hard money to Finish the house to 100% completion.  

All of these activities were performed by my girlfriend & myself with a bit of past experience, and TON of YouTube videos, and a 6-piece Dewalt Power-tool starter set (and a few other tools).We were able to perform tasks like repainting the apartment, adding a back-splash in the kitchen, and some outside work like small landscaping, removal of brush/overgrown areas, and a pergola for ourselves and tenants to enjoy.