All white cabinets, dark grey granite and dark hardwood floors.

@Michael Borger   cool thanks the unit we stay in has the same cabinets and same sub zero that unit it on the south side with a veranda and a not a straight on view of the ocean like the one we stay in. 

I'm just about to put in some nice cabinets and granite counter tops into my first rental because at some point I will probably move into this house but I am also hoping that it will possibly attract a renter that wont want to destroy my place.

Once you have done that things will smell better unless there are fixtures that have been damaged too (cabinets), so be on the lookout.

As far as purchase price, rent, area, rehab etcIts in the Midwest.Its in a very landlord friendly stateNew roof, updated electrical, plumbing, and HVAC4 bedrooms 2 baths New 10 mil laminate flooring both bathrooms are full tile on floors and showers, all new fixturesnew kitchen cabinets, appliances, backsplash and granitefenced in backyardarea sales for this kind of house are 135k to 145k in the past 6 months in same neighborhoodPurchase Price 129kRents would be 1,100 to 1,200 a monthProperty Tax: 690 a yearAppreciation would be minute at best as it is the Midwest no ups and no downs just steady. 

It would seem that new appliances, cabinets, countertops would go a long way towards increasing value or rents, you sure wouldn't get away with that look here. 

SS applicances, maple cabinets, granite countertops, new moldings and casings throughout the floor.

Cabinets: RTA Store or Cliq Studio.Granite: local stores.

Also, Amazon has good deals for cabinet and door hardware.

Not over your head at all...Congrats - you have some good ideas....What I would suggest is a prop that is lower than market based mostly on cosmetics...flooring, paint, minor drywall, possibly cabinets, etc...you can get substantial discounts & still get the 1st time buyers rates & programs & such - then hold for a few years & possibly rent it out....or another option would be HUD foreclosures - they have (in our area at least) a 10 day "owner occupant priority" - before the true investors can even bid on them....much less competition....you may want to look into that avenue as well - Whatever your method - congratulations...