One aspect of MFR re-positioning that has always intimidated me is the rehab phase.I don't feel like I really have a good eye for aesthetics in terms of design, colors, layout, and materials.I've done cosmetic upgrades before, but they were for A-class, single-family homes, so it was fairly easy since I could just choose stuff that I already have in my own home (hand-scraped hardwood floors, granite and marble surfaces, and brushed-nickel or bronzed finishes, etc.)

For me, that means spending on the things that make a place feel like home: really nice bathrooms and kitchens, and saving on the things that make the home less profitable: stone coated steel roofs, hardwood floors and the like.

I don't see any point in putting in super luxurious things like granite counters, new cabinets, hardwood floors, new bathroom, etc for someone that will probably not take care of it.  

Hi Dana,I agree with Marc Winter, you could use the master bedroom as a matching hardwood source, then carpet the sacrificial floor.OR, since you'll only have about 27 square feet of total replacement (three 3'x3' sections), you could use the center of the living room for the dining and hall replacement, refinish the remaining LR hardwood, and lay a nice carpet just over the center with about two or three feet (depending on the size of the room) of exposed hardwood at the walls.

I put LVP on top of concrete, plywood subflooring, and hardwood flooring, without any vapor barrier or underlayment.

. $8,964,-Phase 3: Interior paint/ Install kitchen cabinets and granite countertops. [5 days] Install bathroom vanities, toilets, sinks, tubs.Install hardwood flooring, Install baseboard heating, electrical, and plumbing.

If its hardwood, paint is good.  

what a shame not to work with the existing hardwood and expand it!

I had hard wood floors in there that were improperly installed and need to replace before selling. 

I painted all walls in both units, redid all hardwood floors, replaced sinks, counters and cabinets in both kitchens and had to replace 2 garage doors as well.