The rehab looks really good specially the kitchen!

Here’s a breakdown of what I did and the costs: Labor. 29,176.53   - New Railing and Spindles– Exterior of House- Remove damaged flooring- Refinish and Stain Hardwood Flooring- Install Vinyl Plank Flooring on Floor 2- Install ceramic tile flooring in baths and Unit #1 kitchen- Paint Interior (Walls / Ceiling / Trim)- Install New Kitchen Cabinets Unit #1- Paint Kitchen Cabinets Unit #2- Subway tile kitchen backsplash and Unit #1 shower- New Plumbing throughout house toilets / sinks / garbage disposals / tubs / faucets- Install new light fixtures and recess lighting in kitchens- New doorknobs and hinges throughout- Replace electrical outlets and switches Materials - 2 Apts (Home Depot)...............$8,201.93Stainless Steel Appliances – 2 Apts (Lowes)....$3,300.00Quartz Counters – 2 Apts ............. $1,800.00Electrical repair / rewiring ............ $2,696.20Replace hot water heater................ $1,025.00Install Central Air Conditioning and upgrade heat........ $9,000.00TOTAL............... $55,199.69Gross Rents: $2,125.

Reason being is if you start having problems in one unit that’s kitchen/bath/electrical odds are the other three are going to start having similar issues.

I have had to have kitchens removed and doors installed to solidify FHA / Conventional financing with these type of properties.

-Bathroom remodels-Would prefer to remodel the kitchen because of its layout but also isnt the end of the world to not. 

the pros and cons, also if anyone recommends building a small kitchen in the basement of a single family home to increase the value?

There are a lot of great options out there; aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

For a first timer, like myself, my plan is to use that condensed 25 category spreadsheet you created to help me learn the process and then, like you said, eventually tailor it to my own.

Opened the kitchen to the living area by adding a 15ft bar area, featuring quartz kitchen countertops and brushed bronze hardware (also found throughout the house.)

Gutted living room, kitchen, two bathrooms, and master bath to provide updated floor pan.