Unit 1 - Painted throughout, installed new floors throughout the downstairs, replaced appliances, kitchen cabinets, the bathroom vanity, the majority of the light fixtures, and the old dirty light switches and outlets.Unit 2 - Replaced water heater and rangeOther - Repaired roof, added some foundation supports, and added curb appeal by painting the patios/doors, replacing porch lights, and putting new house numbers on top of the paint What was the outcome?

Unit 1 - Painted throughout, installed new floors throughout the downstairs, replaced appliances, kitchen cabinets, the bathroom vanity, the majority of the light fixtures, and the old dirty light switches and outlets.Unit 2 - Replaced water heater and rangeOther - Repaired roof, added some foundation supports, and added curb appeal by painting the patios/doors, replacing porch lights, and putting new house numbers on top of the paint What was the outcome?

- 3 new kitchens (cabinets, counter tops, appliances)- 3 new bathrooms (flooring, vanities, toilets, bathtub surround)- Refinish 1500 sq ft of hardwoods- restructure garage- new roof- replace furnace, service 2 other furnaces- replace 27 windows- replace kitchen and bathroom flooring (Home Decorations LVP Flooring)- paint walls, ceilings, trim (Sherman Williams Agreeable Grey) What was the outcome?

That will inform if you have to gut the kitchen, or if you can leave the cabinets, or even maybe just repaint. 

You will probably pay $200/month just in utilities.Do you have to put $12k worth of cabinets in? 

Putting in all new flooring, paint, baseboards and kitchen cabinets & countertops!

The updates will consist of flooring, cabinets, countertops, hardware, fixtures, appliances, light plumbing/electrical.

Rehabbed 2 vacant units (paint, floor, kitchen cabinets redo and bath)2 more still to be rehabbed once we have tenant's turnover and exterior paint in the near future What was the outcome?

Soft cost item would be the tiles, cabinet, appliances, designer items, some finishes...etc.By law, no more than 10% downpayment should be required.

So the seller wound up tearing down the new cabinets sink and appliances.