I've heard with a refi it doesn't make much of a difference if you use luxury vinyl planks or carpeting. . what is everyone's take ?

Paint and Carpet What was the outcome?

im not just talking about put some paint and carpet i mean a FULL rehab and i only spend about 10k on rehab obviously its at a way cheaper price to buy  and ill end up getting a profit within 2-3 years currently i only have two properties one renting 800$ and other 875$ Fully owned and im under contract to buy another for cash as well.

There's a droop in the family room but it's carpeted.

Maybe the property is not showing well because it's dirty or has worn out carpet, etc.

I added value with just paint and carpet at first.

However, some inspectors are quite "thorough" and there have been many stories from landlords about a unit failing because of a pulled thread in a carpet being a "trip hazard" or a range with dirty drip pans being a fire hazard.Keep in mind that some Section 8 tenants can be quite rough on a rental property and landlords will attempt to "harden" these.  

New flooring, carpet and fresh paint throughout.

Please let me know what you guys think about the rent estimates and the rehab costs (being optimistic with just painting and installing new carpeting in the bedrooms) as well as any other aspects you have input on.

Sutherland Ave Apartment List price: $5.5M16x unitsYear Built: 2014Similar location to future Bevan Ave developmentLaminate, old carpet, outdated … could almost say it needs renovations.