Unit #2: Trim throughout, repainted doors, paint, saved floors with deep clean, vinyl plank in kitchen, new cabinets, backsplash, new vanity + toilet, and updated fixtures. 

Let's start here...you certainly can ask the landlord if he will upgrade the flooring and repaint. 

They fumigated, ripped up & replaced flooring, repainted walls, ceilings trim and doors and replaced doors, Got the bad tenants out and much more.

They cut out two holes (one is maybe 2x4 and one is maybe 1x1) to dry it out and sprayed chemicals to prevent mold, and then the holes were patched up and ceiling repainted. 

One item that I was curious to ask here is a swag for dealing with a roof leakage (see below) - is this just an easy fix just using sealant + repainting the interior or can be a more expensive item?

Property Details: Location: Long Island, New York Purchase Price: $330,000 Down payment: 3.5% PITI: $2,450 (Includes PIM)Invested Capital: $65,000Appraised Value: $425,000Rehab Overview:Main Floor: Living room and bedrooms: repainted walls, added base and crown molding, cleaned up framing around doors and windowsFloors: sanded and stainedBasement (apartment):  Demoed entire spaceAdded a kitchen, bathroom, washer/dryer room, and legal master bedroom (Egress Window)Tenants Overview:I found my tenants using FB marketplace.

We repainted the entire inside and outside.

She dripped paint all over the cabinets trying to repaint, and when she left, there was still greasy soot on all the walls. 

Just imagine if your tenant moves out, you have to repaint the place for $600 and you can’t get another tenant for 2 months, that’s a lot of money out that will never be recouped.Now I say 99% because if you are buying in a market on speculation, meaning for some reason you think rents or sale values are going to go up in the future, this investment might be worth it.

Did a complete gut rehab of the master bathroom down to the replacement of the subfloor, did a kitchen rehab by repainting the cabinets, adding new countertop, new backslpash and new appliances, new fixtures, repainted the entire house, added new floor to the basement living area.