, our next move in renovations on kitchen and raise rents and onto the next property.

The inherited house is in a coastal town but I'm hesitant to do a short term rental as it needs quite a few updates (kitchen and bath) to make it desirable enough for a STR and I have no capital to do that.

Newer windows, roof, kitchens, bathrooms, HVAC etc.

Taking the primary residence from a 3 to a 4 bedroom, adding HVAC, new open floor plan, modern kitchen and bathrooms as as well as adding massive walk in closets in two of the four bedrooms.

Comps on distressed properties within a half mile that have sold in the last 30 days are closing in the $330-350k range alone and renting for $2,500/m with basic updates (think original kitchens) or $3,000/m for completely updated 3bd/1bths.

Open up wall from the kitchen into the game room.

For example we point out how well our kitchen is stocked.

By "partial" I mean renovating the kitchen and bathroom, painting the place, re-tiling the floor and maybe adding some smaller features that can make a difference to prospective buyers, such as new A/C units, new internal doors, or maybe even sell the place furnished (home staging is not really an option here); with no or minimal demolition, and hopefully without electricity or plumbing issues.

TJMaxx and Home Goods are helpful for pans and kitchen accessories. 

Concrete is also porous and will have constant moisture issues until the source of the water is determined.Here are some things to consider before you start throwing the kitchen sink at the problem:Does this happen only after a storm event?