Hello,I am interested in hearing comments on doing major work such as finishing a basement, adding bathrooms or building an addition when you have a house that in an area that is selling for around $270/sqft.  

Good location with views and some updates to the bathroom, although the kitchen needs work. 

When he finally came back, I made sure to watch over him as he finished tiling the bathroom.

I'm finding your post and the replies interesting as I can relate to remods of kitchen and bathrooms. a free site to give you some reference. 

Also, from what I hear, walls have been moved as well to allow more access (for example in the bathroom).

As with all real estate, I understand each market is different but wanted to see if there's a universal concept that can be applied to get the most bang out of your buck (i.e. does spending $5K on bathroom repairs immediately command higher rents compared to spending $5K spend on HVAC repairs).I'm in San Diego (where cash flow is a bit rough) and specifically focused on properties in the class B/C neighborhoods. 

Roof, new bathroom, leaking plumbing destroying wood, sewage leak.  

Now if you where re-doing the Bathroom/kitchen completely or putting in new siding (think James Hardie) that might be something else.  

Flowers and towels even shower curtain in the bathrooms makes it seem more homey. 

The offer would be for $120K, and the house needs a new kitchen, new hardwood flooring throughout (1800 sq ft home), and there appears to have been a leak from the upstairs bathroom that will need to be dealt with.