New Roof, New Windows, Paint interior/Exterior, New Appliances, New Garage Door, New Fascia, New Fixtures (Bathroom and Ceiling fans), Electric Service Upgrade, 1204 Sqft, built 1960.

It's not only the exact same materials BUT I do some upgraded things vs what the standard GC does. 

Cash flow, even that which looks good initially, tends to get eaten up by the real cost of the upgrades needed to keep the property rented.  

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

I would be more hesitant if they were added on (new plumbing and electrical) vs just upgrades to existing.

It was at that point that we decided to pay a bit more and put more money into our deals for properties that only needed cosmetic upgrades or maybe a few weekends of work vs. rehab projects.Again everyone's situation is different and for those who have more time then money this strategy might not be best. 

Take the time to break down what needs to be repaired and what upgrades you will be doing.

Northeast near Morgan they are upgrading but is in the city. 

It's not an expensive upgrade. 

Plus you can upgrade inside if needed to get higher rents.