Kitchen and bath remodels come next, but cost a lot more.Ultimately it's the question of what the market will pay for and what is your competition offering.

If you were to bring me a deal in Mesa/Apache Junction at about 70% of arv under 200K that needs a light remodel (new floors paint appliances and maybe counters and light fixtures) then I would be interested. 

Especially these days where SS appliances are the same price, there’s no microwave and appears to be no room for one, all doors are flat panel, for a few dollars I would have liked to see them switched out for 6 panel doors, there’s no recessed lighting in the house which is essential IMO when trying to sell a remodeled house, there seems to be wood paneling in the house that was painted over, the bathroom is very bland, and perhaps one of the most important things I noticed is the paint job, there is absolutely no appeal, no color, no anything.

various repairs have different returns some like a kitchen remodel get a lot of bang for their buck, others need to be done but don't add a ton of value like upgraded electrical.

Water needs to be metered to tenants.Both units need repairs and remodel. 

Original single story home, built 1953, has been totally remodeled with 3 bedrooms, 2 bathrooms, wood burning fireplace, covered rear patios & more.

Would a remodel be the difference between a B and a C tenant?

I have a house out there that we are deciding to remodel, flip, rent, demolish and rebuild or just sell.

Hefty doses of remodeling, real estate law, finances, running a business...

.-- I have some skills in remodeling/construction and some vacation time I could take to do more major repairs/upgrade/etc.The main goal I'm looking for advice is how to go from being a single family house hacker to owning a commercial real estate space that I could art studio hack (share loan payments with other tenants that I manage) to use as a shared art / video /dance studio?