Purchase price: $216,500 Cash invested: $40,000 Sale price: $320,000 Re-grade land in back of house and provide new landscaping across plot of land.Replace roofing on back end of house where active water leak occurred.Two full bathroom gut jobs with custom tile showers and radiant heat flooring.Refinished the hardwood flooring and ripped out carpet across house.New GE 4-set appliances (Refrigerator, Range, Microwave, Dishwasher).Two coats of beige paint.Granite countertops in kitchen and bathrooms.New finish electrical and finish plumbing across house.

After this a single coat of sherwinn Williams super paint covers fully.

If the vinyl was a commercial grade, it could be "stripped" and "re-coated", but this doesn't truly make the vinyl look new...it's more for cleaning purposes.

If I could go back in time, I would of done a short form new kitchen and bath and skim coated the existing walls.

For one, they'll need to have an overall vision for the project and won't want to try to be matching the paint colour you chose once they've torn out all the kitchen cabinets.In some circumstances, putting on a fresh coat of paint and upgrading the floors garners a maximum return on investment.

@Behrooz K. no it was just sanded and two coats of polyurethane

In the end, I had to skim coat the wall with drywall mud and sand to get it smooth.   

The 2 best improvements we made were flipping a coat closet originally facing the living room 180 degrees to face the kitchen to be used as a pantry, and the installation of a center island and range which allowed us to add a dish washer that previously did not exist in the kitchen.

Just as an additional thought - if your furnace can accommodate a thicker filter, you can get by with changing them far less frequently.

The savings is not worth it especially if you have to apply 4 coats of it.