Where I am, people often create a suite in the basement-so it has a separate entrance, their own kitchen and living area, etc. 

The kitchen was void of appliances and torn up mattresses in the bed rooms.

Ask some simple questions, then ask them to show you their kitchen, bathroom and one other room.How those rooms like, is how yours will look soon after they move in...

(new flooring, new kitchen remodel, new bathroom remodels. )I’m trying to decide.

The 100k in upgrades would likely be a renovation loan, or I would slowly add equity and then do a cash out refi enough to do the major things - replace roof, update kitchens and bathrooms etc.

Just need some cosmetic repair of kitchen sink and bathroom sink to me) After phachase, we plan to furnish and do short term rental. 

Yes correct, on all of that  Rehab I can do it all built houses all my life,Work for a sewer excavation company currently   sewer mainline needs fixed if I want to flip it $7,000Roof I would redo ($4500) has metal on it now but looks original Vinyl windows ($1500)I haven’t seen inside of it yet, but renters been there 15 years so kitchen remodel $10kAnd then possibly bathroom and flooring.

So many owners get calls from guests of water pouring from the cieling below the bathroom into kitchens or gamerooms and it is from guests kids showering with water pouring out getting all over the floor and coming down below. 

I'm pretty handy, I demolished the kitchen myself, put down flooring, and electrical wiring and all that. 

The faucet in the bathroom sink had only a trickle of water so we had to brush our teeth in the kitchen sink.