I resurface cabinets and countertops.  

Tenants were getting granite countertops/stainless steel appliances, etc.

Don't have experience, but I imagine the easiest things are flooring, paint, and kitchen renov (add some stainless steel appliances, granite counter tops, and cabinets).

Ideally I'd like to put a renter in it - as it is it would net around $200-$250 per month but closer to $400 if/when I spend a few grand on basic renovations (counter top, knock down small section of wall in kitchen, re-tile bathroom.

@Jennifer Robinette That is the problem of most small contractors, they think all clients easily agree on one lumpsum, and the client wouldn't know if they are getting a laminate countertop or granite.

He had all granite countertops!

A question I have IRT searching for comps- I understand that your agent can pull Comps from the MLS, or you could even have an appraisal conducted-but does the MLS go into specifics about "granite counter tops, NEW appliances" etc for you to compare this to?

Countertops for longevity  I get granite and  if it is small you can maybe snag a remnant but formica could be fine depending on your tenant pool.   

It’s really nice stuff we put granite countertops stainless steel appliances it’s not what you’re thinking as dorm per se… thanks!

I had to purchase a dishwashing machine that was a fraction of the cost because it was damaged but you couldn't see it since it was a dent that was hidden when you installed it under the countertop.