The apartment has its own kitchen, bath, washer and dryer.

-All wood floors refinished and walls and ceilings painted 2013-2015 by Olek construction- Installed new city water and plumbing 2013 by Venhoff Plumbing Co. and Louisville Water Co- Updated all electrical, included box, added outlets, switches, ceiling fans, & more overhead lighting,also fixed any electrical issues that would be considered not up to code 2013 by Allen Electric- Chimney cleaned by contractor and Buck stove completely restored by Chim Clean Contractor 2015- New roof work and new Roof coating for metal roof by Stanley Allen Galaxy Roofing 2013-New Sunroom with energy efficiency windows, walls and ceiling insulated with concrete flooring 2014 by Carpenter Jeremy Smith and Victors Concrete Co 2013-New Washer and Dryer 2015 -Painted complete exterior of house and caulked all windows Anthony Dean Painting 2014This and more is all documented for tax purposes.2.

@Scott Schaecher, my personal favorite was when they moved the washer and dryer to the middle of the basement for the first floor unit and just painted the concrete floor around them, so when we moved it back there was an unpainted rectangle in the middle of the room. 

They did have a couple of concerns that are reasonable (washer was not draining properly and the shower head was loose). 

The basement houses seperate washer and driers.

It does have full size kitchen, big closet and washer/dryer so still a good vacation home option for a couple with no kids.

I renovated the basement to be a completely separate suite from the downstairs, with its own entrance (washer/dryer, bathroom, and kitchen).

Some of these foreclosed during the bust, presumably due to extended vacancy (which can happen just because your property manager doesn't ensure you're marketing a clean, fresh smelling product)  The Austin American Statesman profiled one California investor who let her house go into foreclosure after a washer hose broke, flooded the place, tenants moved out, insurance took a while and the vacancy and insurance deductable took its toll.  

I think they were slightly under market value as is but you could have easily added covered tenant parking and possibly washer and dryer units on the property. 

I need: Refrigerators - Stove - Microwave - Washer and Dryer.