All we had to do was wipe down the walls and clean the carpet.

.$12K turn on large home, included new high quality carpet and full repaintHere lies the major deviation: Property type matters.....I have NO LARGE HOMES, I install NO CARPET.  

paint and carpet aren't enough right now. 

They actually came out and cut samples from the carpet and had an investigator interview us (we were not even in the country when this took place).  

For another vacant unit, we did some light renovation with new paint and new carpet.

My carpet had a few stains and the walls had few touch-ups.

But comparing rates on commercial (non standardized mortgages) is like asking what’s the price of carpeting without specifying the quality, type, color, installation, warranty or anything else.  

Things such as hot water tanks, carpets had to be replaced in a few years, so I wound up depreciation some items more than once.I sold a rental last year for $430K that originally cost me $70K as an investment property.

My carpet had a few stains and the walls had few touch-ups.

mainly cosmetic: stained floors, repaint, may need to replace carpet with hard wood, resurface cabnets, new shower, repatch water damage.