And it's not rocket science to sheetrock, floor and then re-trim. 

New windows, doors, Lp siding, fixtures, flooring, Sheetrock, kitchen, bathroom, trim and stairs.

Use flat for the walls, semi gloss, white for trim and doors, and flat white for the ceiling.

My advice for you (and my future self) so far is:- be very detailed about underwriting your deal- add at least 30% to what you think your rehab will cost (even if this figure came from a GC)- have a really detailed design concept before work starts (including fixtures/trim/color scheme/etc)- check with your city/township's building department and see what permits you need up front- have more than one exit strategy- add a few weeks/months to your projected timeline- purchase cash if at all possible- build relationships, take notes, and learn lessons along the way- have funGood luck! 

Junked it out, cleaned up landscaping, drywall repair, texture, paint, new interior doors and trim, new waterheater, new floors in kitchen. some new floors, countertops, new roof, painting cabinets.

Keep it trim, let her out and find a new tenant capable of paying.Truth is money is tight for a lot of folks and we'll see rental flat line or decrease cause not many can pay these rates anymore.

In that same 6 years I have had to replace the stove and water heater, have the dryer and oven fixed, and had a tree trimmed and an eve repaired.

There was also some minor damage: handful of nail holes in every room, their cat scratched up some of the trim, a bunch of dings/gouges around the doorways and in the bedrooms, marker stains on the bedroom wall.More significant damages: The tenant put glow stars up in the kids bedroom.

Woodwork, trim and cabinets get either a deep cleaning or are changed out.

The unit that is not updated, I've already done significant upgrades like flooring, new trim, doors, appliances and current tenant accepted my increase to $850/MO.