New lighting, flooring, kitchen, roof, roof deck.

Most of the properties I am sent are outdated and would need kitchens and bathrooms redone, flooring and paint.

I'm wondering should I make any upgrades to the kitchen?

This option seems odd though as I can't imagine people would like carpet in their eating area.Option 3: Remove all laminate, install tile in eating area and try to make it look like rest of tile in kitchen.

You will not be able to replace the roof 25 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span, etc.

I could redo the kitchen and bath if I wanted to get more in rent. 

A kitchen can be painted cabinet and new laminate counters (maybe $2,000) or you could spend $10,000 on the appliances alone. 

It looks like it had some mechanical updates but how are the kitchen and bath finishes? 

These are just some items in my capex budget, roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life, hvac 20 year life span, bath and kitchen remodel 20 year life span,etc. 

My capex budget includes roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span, etc.