New paint, outlets, lights, and cabinets.

Spend one year in that house improving as you are able (new paint and landscaping at the very least).

Replaced the roof, replaced the flooring with lvp, fresh paint, upgraded the fridge to a high end model.

This is an all-too-common mistake: a rental sits vacant, less-than-desirable tenants are approved, and then those tenants don't pay and cause issues.You have to rip the bandaid off and ask them to leave.This may sound harsh, but it's not entirely the tenant's fault.

And then there are others that are just pump and dump due diligence schemes.. now when i googled this company their web page came up .. but there is also complaints and a rip off report link.. so i would read all that stuff first.. take it with a grain of salt.then look deep within and ask yourself if with your business acumen and 2 to 3 years of tax returns.. and your fico and your cash reserves can you do a 1 plus deal.

For example, roofing, painting, cabinets, flooring, electrical, plumbing, HVAC, etc. 

We ARE a chapter of National REIA, so joining gets the paint discount, cabinet program, and rebate - as well as access to all the other national vendor perks and programs.We're in process of getting local vendors and sponsors lined up as we move forward.Starting in September, meetings will take place in the evening on the 3rd Thursday of each month, 5-9pm, food and non-alcoholic refreshments provided (buy your own booze). 

Any experienced advice would help and be greatly appreciated.Easiest way to avoid this is to rip off the bandaid and do it right with the large capex items.Detroit homes are pretty simplistic, especially if you're buying a bungalow.

paint and carpet aren't enough right now. 

Having an experienced agent on your team before the rehab i think is very important because it is during the rehab when they can help add the most value by pointing you in the direction of what adds value to the sale, what finishes to choose and what to avoid, even what color paints are a good choice, insuring that your target sales price is not just realistic, but that it can actually appraise for that amount.