Purchase price: $170,405 Cash invested: $5,000 PRICED BELOW MARKET VALUE DUE TO THE CARPET(ESTIMATE IN ATTACHEMENTS $4,984) & LINOLEUM FLOORS NEEDS TO BE REPLACED.

New cabinets, appliances, LVT flooring, carpet, and interior paint in the last month.

paint, carpet, remove this wall, redo this bathroom- tub shower combo, add new garage door, etc.

I'm not a big fan of renting out bedrooms in a sfr, as it can become quite messy with who claims ownership in the common areas. 

@Alexis Schreier I can't see why even a PM would want that-too messy; imagine being a signer for 300-400 bank accounts!

Carpet is cheaper than most any other floor. 

I just listened to the "What works (and doesn't) in a recession and the untold story of J Scott's messy first flip) on the Real Estate Rookie podcast. 

I agree with U.I bought some new construction in MS back in 2006 2007  for go zone tax bene's  and these were slabs and I took the ones with the stained concrete floors.. those really worked.. cant beat up concrete the stain gets smudge but for rentals it worked.. carpet in bedrooms though was standard in those houses..

I’ve heard some people say that you can do small things like ripping up carpet to expose the hardwood or upgrading window dressings like curtains, but are there any other smaller renovation projects that have an oversized impact on the appeal of the property to your renters?  

Use carpet in the bedroom, standard shag, medium tan color.