Also, other properties that I love in booming cities are maxi-storage or light industrial buildings that contractors or service providers can call home for their businesses. 

We suggest installing motion sensor lighting in the stairwells, exterior egresses and basement.

No home, in my opinion, is ever perfect and if you can negotiate the price, after the inspection is the best time to do it when everything has been brought to light.

Tread lightly, be careful and make sure your ARV and rehab costs are conservative.

Any help on how this works, or even some links/books that can shed some light on a direction, and how this is done properly would be great....Thanks in advance to anyone taking the time to read my stuff and answer ;)

If it's light enough, you don't even need to paint the ceilings white although the ceilings look really good white if the doors/trim are white also.

For example, a quick "back of the napkin" conceptual estimate (WAG) suggests the following:Appliances (dishwasher, refrigerator, stove, hood):  $3,500Kitchen sink, disposal and faucet:  $500 (material only)Kitchen hardware:  $200 (material only)Kitchen cabinet restoration:  $3,000Kitchen countertop restoration:  $1,500Plank flooring:  $3.50/SF x 2,000 SF = $7,000 (material only)Electrical rehabilitation (including light fixtures):  $4,000Plumbing rehabilitation (including toilets, faucets & shower):  $3,000Bathroom tile (2 baths):  $5,000  New roof:  $10,000New siding:  $6,000Paint (outside):  $4,000Paint (inside):  $5,000Staging: $1,650TOTAL:  $54,350This estimate does not consider any cost associated with building permits or design professionals. 

Some people claim that changing a light-bulb in your IRA-owned rental property is self-dealing.

Paint, flooring, cabinets, bathrooms, lighting, windows, landscaping?

Each bank underwrites differently, but I would bet 95% of commercial banks would be overjoyed to have your equity rich, lightly encumbered business.