Improvements and costs: repainted everything ($1k); removed carpet in bedrooms and hall and replaced with 25-year LVT ($2k), which required floor leveling; replaced kitchen formica with granite ($1k); professionally recoated very stained cast iron bathtub and tile surround ($1k); repaired kitchen cabs, painted and new handles ($800); new stove hood ($50); replaced old light fixtures ($100); replaced bath vanity and mirror ($250); new toilet seat ($20), new blinds in living room ($100).  

Aside from this the bathtub was just brown filthy, don't understand why people live that way. 

I estimate the property to need $3,000 in cosmetic work which I will do myself (LVP, Painting, Bathtub shower stall) and will rent for $1275 a month.

Do you guys look at the condition of roof, walls, bath tub, etc?

Have a plans for dishes (I washed them in the bathtub for a couple of weeks.) 

Bath tub - chips in a porcelain tub do not make a rental uninhabitable, but how bad is it?

The property has a few items that require attention including:Exposed wiring in the atticInsufficient amount of insulation in the attic (6in. versus recommended 18in.)The fact that there's a water heater in the attic (not disclosed anywhere in the home inspection)The bathtub faucet's water pressure diminishes to nearly nothing due after only a few seconds of it being onThe issues amount to roughly $2,000, but I'd like to seek out recourse given these issues should have been discovered during the home inspection.

The only downside is interior repairs/remodeling because the walls are lath/ mortar plaster and the steel bathtubs are 400lbs. 

In case you're curious, I received great reviews from other landlords on Miracle Method and Superior Bathtub Refinishing.

It will be my first investment and the properties I am looking at will be mostly cosmetics, paint, refurbish or glaze bathtubs and tiles, install cabinets and replacement of fixtures etc.Any advise and tips will be most appreciated Thanks in advance!