Assuming you have coverage, after deductible, depreciation of the items like cabinets, etc., your recovery will be limited. 

I've wanted to do the blue cabinets on a project, but haven't yet.

I have a background in custom cabinet making and also a lot of landscaping experience and contacts in the area.  

The larger unit I have gone through and painted, ripped up old carpet and replaced with wood floors, replaced some appliances, replaced light fixtures, replaced hardware on doors and cabinets.

This would be my first rental property, it's a duplex with new kitchens + new cabinets, 6 year old roof, plentiful parking spaces, and is a great neighborhood outside of Lowell MA.

We also keep construction cost down by buying used Kitchen cabinets/appliances off Facebook market place and buying materials off people who sell lowes/home depot returns.

Roof replaced, painted and fixed cabinets, all new flooring, windows, and bathrooms.

, closet doors falling off, cabinets need rehab, stove falling apart, botched paint job in a room or two by tenant, sinks that don't work right, stoppers missing on sinks and bathtubs, appears to have done some do-it yourself repairs by wrapping tape around a pipe leak for example, air filter appears to be very old.The only positive is that he doesn't have trash/garbage all over the place.

The upfront materials are the biggest line item (cabinets, drywall, lumber, etc).

(i found this scrapping the BP forums)Exterior paint : $2.00 per finished sqftInterior paint : $1.30 per finished sqftWindows and Doors : $300 eachKitchen : $2500 for 10' cabinets and sinkBathroom : $2500Flooring : $2.50 per finished sqft ( does not matter Carpet,hardwood or laminate)Electrical Panel : $1500Water Heater : $500Furnace : $3500AC : $1500Add up all the major items and then add 25% to the sum to account for miscellaneous expenses.