This was what we were hoping originally so only gave an initial estimate of $1-$2k to refinish the floors. 

As far as I know right now, I'll:  refinish the floors, reface the cabinets, new appliances, fix up the fence and shed and if I'm feeling really frisky put in another bathroom by the master bedroom.

Put in central heat/air, refinished the hardwood floors and other minor updating, paint, etc.

In the units that we have renovated in my market, the thing that got us the biggest “bang for our buck” was adding washer & dryer hookups, adding new vinyl flooring or refinishing old hardwood flooring, new paint job, new appliances, countertops, & cabinets in the kitchen, & repaving the parking lot. 

I have good tenants and I budget for light refinishing (buff and recoat) every few years.

Get a $25 gallon of rustoleum white and refinish it with that

The kitchen has a few interesting issues... and they seem to be the difference between attracting a B tenant vs. an A tenant from what we've seen so far.1) the previous owner fancied himself a craftsman and "refinished" the cabinets.

@Gerald Demers I will be refinishing the cabinets properly.

Any existing hardwood is always refinished rather than putting in new flooring.

My friends with hard wood floors and big dogs needed to refinish their floors.