I’m pulling out the equity to upgrade the cabinets, countertops and to fix foundation.

As I continue to look at property listings, one thing that I always struggle with is establishing the fine line between "needs rehab" vs just stylistically different than my (and 'mainstream') tastes.For example, I see a lot of properties that are advertised as 'move-in ready' but the pictures show very outdated styles like oak cabinets, oak trim, brass fixtures, etc.

I use them to most work - cabinets, flooring, paint, plumbing, electrical, siding, framing, etc.

Wipe your cabinets and tub surround with it as well.

Since I'll be investing out of state, I'm looking to purchase multi-family homes that need a major facelift (basically taking it down to the frame, new drywall, paint, windows, roof, cabinets, fixtures, plumbing, wiring, etc).

Likely not a complete gut-to-the-studs projects, but new floors, cabinets, fixtures, paint--items like that.Thanks!

Pretax profits = $17,700 Rehab Estimate = $14,900That's for new ceramic tile floors, new cabinets, granite countertops, new SS appliances, construction of center island in kitchen, $1400 roof job.I was going to have it painted but I brought a painter to look at it.

The rehab looks to be around 60k, need everything, the previous owner took all the cabinets n appliances, new everything.  

Rehabs typically included new paint, new flooring, repair rotted bathroom subfloors, new toilet, new tub/shower surrounds, new appliances where needed and repainting kitchen cabinets when needed (some of our units had newer cabinets) and new window coverings.   

That way if anything leaks (slow leak) the bucket will catch it and they'll notice it filling up rather than soaking into the cabinet below.