They were putting in new flooring, baseboard/door trim, new doors, and taking care of a live knob and tube wire in the basement. 

Since I have renovated home with flooring, carpet, paint, trim, double pane windows, new deck, new light fixtures, water heater, furnace.

Grrrr...3) The roofer replaced some rotted boards and didn't put the soffit/fasia trim back up.  

@Baxter Stegall If it were me............I would buy it to control the property first of all - living next to it and enjoying it so much.If you will get good appreciation then that is an up side as well.If you don't buy it and things do get hot like you seem confident about, well someone else will probably buy it later and you won't have any say over what happens over the fence.It will likely get developed in some form at some point so you might as well keep it the way YOU like it while you live there and not worry about it after you decide to move on from the area.Question is: Will you want to/be able to keep up with mowing, tree trimming/clearing etc etc basically maintenance of it while you own it - or want to for that matter??

Add some decorative trim around windows and it could turn out pretty nice.

I think I should paint the trim, walls, and doors a different color but I need some help. 

I wore a respirator while working in the unit.I ended up removing all baseboards and trim pieces as the cat pee was soaked into the stuff and behind it. all interior and exterior doors were removed as the bottom hinges were rusted from the cats peeing on it. 

New cabinets in there as well and got rid of the water heater with a brand new tankless water heater.All brand new laminate flooring throughout with tile in the bathrooms, new trim/floorboards, all new paint.With all that beings said, when we took out the HELOC, the bank we have our mortgage through required a new appraisal since it has been 10yrs since our last one.

They'll be "investor friendly," but likely nobody I've used in the past.For the most part, this is what we'll be doing to both of them (with estimated budgets):-  Lead inspections/clean-out/permits:  $1000-  New plumbing (and new fixtures):  $6000-  Upgraded electrical (and new fixtures):  $5000-  Install forced air heating/AC (ductwork and units):  $7000-  About 50% new sheetrock and paint:  $5000-  Flooring: $2000-  Cabinets/countertops:  $4000-  Replace doors/trim as needed:  $2000-  Appliances:  $1000-  Exterior repairs as needed (doors/windows/etc): $3000-  Misc:  $1000TOTAL:  $37,000 +/-I've done literally a 50-100 rehabs of this exact scope, though I've never done one for a rental unit. 

We try to keep things close to FHA-loanable to hedge risk in the event of a market downturn so that we could trim margins and still unload inventory to the largest possible buyer pool.For our rentals I like to try to get at least 15% inclusive of principal pay-down, equity, and cash flow (ignoring tax shields) given a targeted long time horizon. 20% would be a better target for a 5-year hold that we were trying to reposition and exit more quickly.