On solid hardwood I'd try it in a heartbeat. 

Our first unit was on a flatter section of property with a minimal crawl space and was built for about $85 sq/ft with hardwood floors/granite tops and stainless appliances.  

I bought a beautiful rental with traditional hardwoods throughout.  

The best order I feel to put the categories for the interior and how I put mine is in the following order Demo, Framing, Rough Electrical, Rough Plumbing, HVAC, insulation, Drywall, Interior Painting, Cabinets/vanities/ counter tops, Flooring (flooring before cabinets if you're not using a floating floor such as true hardwood), Finish plumbing, finish electrical, and finally carpentry (doors, windows, trim).As far as the scope of work for the exterior there is no particular order you need to go in since it will be up to the general contractor to schedule those for you.

Cute, 1950's, all hardwood floors, .60 acre, no HOA, 1 mile from downtown with restaurants, shopping, banks, etc.

It would also mean real hardwood and ceramic tile floors, high quality tile shower and bath surrounds, and granite countertops.Other than the exposed brick, crown molding and garbage disposals we do most of that stuff in our rentals in $120 K neighborhoods.

rob, you are right. those houses will be cleaned up in no time. my buddy's dad has 4 in detroit and while looking for tenants, the ac and all copper in the house was gone. the previous tenants had poured a 5 gallon bucket over all hardwood in every room.we could not talk to them last night, so no update at the moment. i still like them though.

@James Brand, Yes we are keeping some of the original features: the plaster walls, which are in great shape, will get a new skim coat, and there are original pristine hardwood floors in the living room.

Hello all,I have a short-term summer rental in VB with carpet upstairs (light tan) and engineered hardwood downstairs.

Besides this, most of the changes are purely cosmetic to the house - removing wallpaper, replacing carpet, sanding hardwood floors, replacing bathroom tub and vanity.