This is so because we want to install baseboard and door trims after hard floors to get perfect cuts

Don't let tenants muck up your window trim.

That looks like it has been flooded, you will have to gut all those walls, drywall insulation and trim redone of course and foundation and framing treated for mold. upstairs will be about 20- 25,000 downstairs you are probably looking about the same, so you are probably looking at about $50,000.which will put you at 105,000 and probably about $10,000 closing costs when you sell and probably 2,500 when you buy it - you are now at 117, 500  plus holding costs. you can maybe make $10,000 on it.

For a $25K rental, I'll spray the house all one color; for a $300K rental, I'll make sure it's hand-brushed in three colors (walls, trim, ceiling).Additionally, the expectations of a $400/month renter are going to be much different than a $3000/month renter. 

I just bought a 600 square foot property and I got a quote for $8500 to completely gut the interior and basement (Plaster walls/ceilings, cabinets, bathroom, trim, some carpet, and a few rotten walls, bathroom, and drywall in basement).

But for now, I have them in the following order:1Tub Company- reglazing2Plumber- vanity and fixtures3Electrician- new light fixtures and fan4Flooring guy- all new flooring5Painter- walls, ceiling, trim, etc6Countertop company- kitchen7Appliances- stove and fridge8Handyman- closet knobs, blinds, etc9Cleaner

You've got plenty of work ahead of you just to repair the columns and trim.

Trim anything beyond that. 

The best we could figure is they were gaining access by climbing a nearby tree and going through a gable vent.Needless to say, we repaired the A/C, trimmed the tree and secured the attic!

Right now, the Fed is telling the market quit being investors, quit being speculative, and stay trim.