Purchase price $265k but added in remodeling costs.

An exterior and interior overhaul including a kitchen and bathroom remodel and a reconfigured Master Bedroom.

I recently closed on a restaurant building that is going to be heavily remodeled.

Century old home - bones and mechanical are very good - just dated cosmetics from a 1984 remodel.

Gives return on remodeling costs that add value to you home.https://www.remodeling.hw.net/cost-vs-value/2018/

Sure more people will own  homes bc the investors don't want them but the people who must rent will find that no one can remodel a kitchen, change carpets or do any kind of major improvement while collecting the minimum rent allowed. 

From what you described I think you are talking about flat melamine cabinets that were really common in the late 80's and 90's remodels. 

I found many topics on live and flip strategy, but I'm not a fan of buying dilapidated properties and living in them while trying to remodel. 

Century old home - bones and mechanical are very good - just dated cosmetics from a 1984 remodel.

[https://imgur.com/a/yy0y5nt]|Asbestos tile abatement|$5000||LVP flooring install|$2400||New kitchen Appliances both units|$4000||HVAC replacement|$3000||Water heater replacement|$1000||200A electrical panel install|$3500||kitchen remodel both units|$3000||Concrete patio removal |$2000||repair rot back wall houser|$2500||Bathroom remodel/ both|$5000||Washer/dryer|$1000||Paint whole house|$500|