No...the lender begins to pick apart the work that was completed by a licensed HVAC tech and the handyman that capped and painted the windows...then they note an 18" piece of trim on an exterior door that may have peeling paint...not in the appraisers report!

Some very rough numbers may look like this,  roof and gutters 10k, bath/floor 7k, kitchen 10k, paint patch 7k, floors 3k, windows 2.5k, hvac 7k (central air and furnace), electric  trim, lights 1 k, doors $200a piece (door and  hardware),  water heater and plumbing (excluding bath and kitchen above) $1,800, driveway ($10/sf for concrete), ceiling at basement $800,  demo $1000, electric,  water,  taxes,  holding costs,  etc .

Some of our major expenditures off the top of my head:Plumbing: 24kHVAC: 12kRoof: 6k (flat roof TPO)Floors: 9k (refinished most, replaced the master bedroom)Electrical: 12kDemo: 6.5kConcrete/Fence/Landscaping: 14.5kWindows: 7kTuckpointing: ~6k (if you don't know what that is, it's brick work basically)Architect: 2.5kCabinets and countertops (kitchen): 9kFraming: 9kDrywall: 13kPaint: 4k (paid someone to help so it wasn't just me)Doors: 5k (lots of doors including 4 exterior)Appliances: 2.5kStaging: 2kThe other 20k or so went to Vanities, trim (we used good 7" trim board that matched the original trim), waterproofing, permits, finishes etc... 

Office space is going to be fat that gets trimmed to help keep companies afloat.

Tenants hired on a landscaper, as it is their responsibility to trim bi-weekly and were paying monthly.

Basic updates in the bath/kitchen, paint, trim, flooring or carpets etc will make an apartment more appealing.

Paint color will most likely be some sort of a neutral gray on the walls with white trim and ceilings.

We changed the trim, paint, flooring type and other features at a slightly higher up front cost in exchange for durability and extended warranty.

Just be sure to say builders grade which is not any custon work ..formica counter tops , plain porcelain title , prefab cabinets, laminate floring , neutral colors ... you get the idea .. one why to really increase your profits on rehabs is to have a contractor do the major repairs and you or a handyman tackle the easy stuff .. laminate floors can be quite easy to install if your floors are level and trim is not installed yet .. painting can be done by a handyman ..tile work can be done also ..in some cases and some states these need to be done by a licensed contractor and permits need to be pulled .. it is different by each state .. if i saw that house with those pics, i would think your looking at at least $75-100k in rehab ( taking into consideration of Ca. higher construction costs ) it looks more like $35-50 in rehab here in Fl.

 Assuming the Exterior is completely dried in, the next steps to finish the project would be:Drywall or Wall Finish - a Cabin in Montana might prefer a Wood Finish instead of the Drywall we typically use in Arizona - Possibly a combination of both; I suspect Drywall would be least expensive but maybe not as Aesthetically correct.Assume an inspection is required to confirm proper Nailing of Wallboard prior to next steps - Make sure Wiring and Plumbing passed inspection prior to installing Wallboard.Tape, Texture, and Paint - If Drywall is used, not required for a Wood Wall Finish, but Wood might need to be Stained and Sealed.Flooring - Carpet, Tile, WoodMillwork - Cabinets and CountertopsElectrical Trim - Includes installation of Electrical Outlets, Switches, and Light Fixtures.