You should not have to repaint the whole house every year or every tenant turn.

Hi guys, I was just wondering, if the trim and doors in the house is the older oak look, but still is in good shape; would you replace it or repaint it white?

(So far ive replaced all flooring with laminate, repainted all walls, granite counters and painted cabinets, stainless steel appliances, and new outlets etc. around the place)Btw, its in a B area (almost a C).

I was getting ready to roll up my sleeves and start some rehab like repainting, tiling, new floors, etc. nothing too crazy.

For example, my first apartment charges a $160 fee upon move-out deducted from security deposit to repaint the apartment for every tenant (it was part of an apartment complex of like 65 units).

So either you can strip the lead based paint and repaint, or put in vinyl or metal window frames, or not rent to people with little kids who eat the window frames and sills....There is a kit that you can use to wipe the paint in various areas and it will indicate if you wiped lead based paint. 

Some common renovation expenses:Entry level stainless appliances are $1600 - $2000To repaint all surfaces of a 800 sq ft apartment is going to cost at least $1500; probably more. 

Louis, MO Purchase price: $50,000 (short sale) - aunt was agent, so fee was waived (she was helping us out) - borrowed money from grandma for the down payment: $13,000 Material costs: $8000I forgot to itemize everything over the course of the four years, but the improvements were: -blown in insulation-tile floor in kitchen-new bathroom flooring x2-new basement carpet-new basement flooring (previous was rotted through) -new carpet in bedroom x2-hard wood flooring refinished-new refrigerator-painted entire interior of the house-installed two custom closets in bedrooms-repaired and repainted the garage-tore out dinning room drop ceiling, installed drywall ceilingAll the work was done by us, save the hardwood floors.Sale Price: $108,000 less: -$6000 in fees (man I need to get a real estate license) -$5000 in concessions Net: $43,000 $108,000-$33,000 left on the note-$13,000 to grandma-$6000 fees-$5000 concessions-$8000 material costsThe problem that I have is how to value this in terms of holding costs.

(re-painting, new HVAC, New roof).Now the most important thing that I would advise is to take it slow.

Im hoping someone else comes in that's more experienced than me, but I don't see you accounting for what happens when an appliance breaks, or when you need to repaint the walls.