These markets will offer you distressed properties starting at 60kish or so and up to 150kish.For example, let me make up a hypothetical deal.You buy a house for 90k and am putting 60k in to add. half bath, redo the kitchen and bathroom, brand new paint and new LVP flooring all throughout. 

Not adding any additional living space, just dividing the two units, putting a kitchen in one of them, and probably not having to add a bathroom to either unit.  

I gutted it and added new drywall, new light fixtures, new bathrooms, new paint, new kitchen, new furniture and new flooring and new windows.

The property is being modernized with brand new floros, kitchens and bathroom, windows are being added.

If all else fails, but bars on the windows and turn them into prison cells. keep in mind though the floors with drains I have seen those in bathrooms of 10 million dollar homes I have been in personally in Singapore its pretty standard in some areas does not necessarily mean ghetto.

Cap-ex was needed for:* Original 1960s kitchen, appliances out of order* Original 1960s Pepto Bismol colored tiles in the bathroom* Tobacco and marijuana stains/odor in every room* Stained carpet covering damaged hardwood* Broken side door from forced entry by police* Zero recessed lighting with 3 layers of blinds on every window* Lots of trash in the basement both on the floor and mounted to the joists overheadCheck out the Zillow listing at: https://www.zillow.com/homes/119-Jasper-Pl-Alexandria,-VA-22...What made you interested in investing in this type of deal?

Landscaping will have the largest effect on the resale value vs a kitchen or bathroom.

My property is a 3 bedroom, 2 bathroom condo in Reston, Virginia.

Efficient Renovations: Focused on high-impact upgrades like modernizing the kitchen and bathrooms, improving curb appeal, and installing energy-efficient features, which are highly desirable in this competitive market.Optimizing Layout: Evaluated the property's layout to ensure it met modern buyer preferences, such as creating open-concept spaces.

Aloha @Robert Silvernagel,I own and manage vacation rentals in Kihei and have had no problem renting 2 bedrooms units as long as they have 2 bathrooms as well.