Needs to be gutted, needs new roof, new hvac, new windows, new drywall, fix water damage throughout, rebuild an addition, add a garage, add a 2nd bathroom, new flooring, new kitchen, new appliances, paint, landscaping, redo driveway, redo layout (used to be a triplex but is now sfh), remediate sinkhole, replace asbestos shingles with siding, upgrade electric from fuse box, replace cast iron pipes throughout, put in a pool. 

If the building is built prior to 1978 has it been tested for lead paint (twice as important if there are children)4. do they have a trampoline or pool in the yardThose are a few items to add to your checklist as you do your walk through.

Repaired and painted fencing; repainted and repaired exterior where needed; lawn care; interior paint in all bedrooms and bathrooms; small repairs within interior; added hardware to kitchen cabinets; removed insulation from crawlspace and added vapor barrier; flashing and siding repairs; removed junk from yard and exterior building...

New floors and paint in the kitchen.

@Antonio Cucciniello if you can stand to live with roommates I think you’re best off finding an undervalued SFH that just needs some paint and flooring and renting out bedrooms.

The wiring has been updated, the furnace is relatively new, the kitchen is in good shape, the bedrooms just need paint. 

Added LVP and new paint throughout entire home.

Working with contractors and business partners to add fresh paint throughout the home & fixed things up in every room including trim, bathroom vanities, appliances, etc.

Purchase:Bought: 167k, CAD value 212k, Repairs: 20k ARV: 220-240kRenovation: Updated floors from carpet to LVP, prime and paint, painted cabinets white, updated fixtures and appliancesRents from: $615 per unit to $995.

Will I be spending a lot to paint over graffiti, fix broken windows, or cleaning up after dumpers?