Their full sized kitchen needs $15K of cabinets and they are real hardwood floors and tile throughout. 

Hardwood Floors Throughout, Great Live In and/or Investment Property 11 Bedrooms3 full BathroomsFinances:$599,000 (purchase price of House)20% (Down payment to purchase house)$12,000 (Closing cost)$599,000 X 20%= $119,900 (Total down payment)$119,000 + $12,000= $131,900 (Total out of pocket including closing cost)Monthly Income:11 Bedrooms rented for $1,500 per bedroom11 X $1,500= $16,500 (Gross monthly income)11 X $700** (per bedroom property management and utilities) = $7,700 (total amount to manage the apartment building and place tenants in each bedroom, with utilities per month)$16,500 - $7,700= $8,800 (scheduled rental income after property management)Monthly Expenses:$2,200 (monthly mortgage payment, 3.48% 30 year fixed)$2,000 (contingencies monthly expenses)$450 (property taxes)$150 (homeowners insurance)$4,800 (Total monthly expenses)Monthly cash flow:$8,800 (scheduled rental income after property management)$4,800 (Total monthly expenses)$4,000 (Scheduled net rental income) or $48,000 (Annual net cash flow) or 36.5% ROI** $700 out of the $1,500 per bedroom will be paid to a property management company that will assign the tenants into the apartment, but will handle all the maintenance and day to day activities.

These units are in above average condition as is but I like my properties to be pristine which is why I would want to paint and deep clean the carpets....or possibly pull them up if there's hardwood underneath which is likely given the age of the home.

@Jennifer Lee we want to have hardwood for the appeal,  carpet throughout would bring down the quality of our unit unfortunately. 

I think earlier in the posts it was stated that carpet could be expensed while flooring that was glue down or hardwood had to be depreciated.

Three are higher end   (hardwoods, SS appliances, granite, etc for low $2000s/month) and one is a decent townhouse ($1000/month).

Smart Siding or cement siding instead of basic hardboard, Cheap Vinyl windows or a higher grade window, if you're building in Texas - Class IV shingle or a cheap 3 tab that will need replacement the first golf ball sized hail storm that rolls through, thoughtfulness that went into rain runoff/drainage etc then use your judgement.Are the interior doors cheap hollow core synthetic materials with an engineered wood frame or did they use solid wood frames and MDF for the trim or did they use a quality hardwood less prone to damage like Oak/Ash etc.I'm probably going into too much detail, however I pay attention to small things like that as in this new construction build I want to idiot proof as much as I can.

Some units have nice wood-burning fireplaces, natural gas ranges, decorative curtain rods, carpet, and vinyl-plank flooring that looks like hardwood.

Most of the time the transition strip is a thin metal it looks pretty snappy when replaced with a piece of sold hardwood and it is easy and cheap.   2. 

One of the first flips I bought had laminate flooring in the living room, and hardwood throughout the rest of the house.