In this couple’s case, painting the house white and adding a bedroom were game-changers.Prioritize high-impact areas like the kitchen and bathrooms, and add to the home’s curb appeal.

As you ask, "Can I get an appraisal waiver, never mind the open sewer line in the kitchen", the borrowers won't make it to closing, no worries, I have power of attorney.

My house was built in 2005 - I don't have new white cabinets (like almost every upgraded kitchen now) or granite/quartz countertops but the cabinets are an upgrade from 2005, bathrooms are an upgrade from 2005 base model, no LVP floors, has carpet and linoleum (that looks like tile from a distance).

The only things that have been updated since living here has been the roof (but still leaks), the boiler (a reactive replacement after the kitchen flooded), as well as the floor kitchen cabinets (also after a major leak of which we mentioned multiple times) - which still kind of leaks.

Value is being added to the deal but rehabbing the cosmetics of the house, kitchen, bath, paint, and floors.

IIRCC the kitchen cabs below were $1300 pre-assembled.

The guest house is set up with a kitchen, bathroom, and then a large living room area that would double as a bedroom.

We are furnishing with contract grade quality and amenity heavy (game room/hot tub/murals/new paint/lighting and ALL basics needed to host a 5* stay so all bedding, kitchen items, bathroom items, linen and bedding as well as the labor for trades.

(Kitchen bathroom doors flooring etc) Probably currently worth appx 20k as is but has potential to get around 80-90 with some work or 100-120 with a total rehab could possibly even make into 2 apartments and Brrrr it.

One I know is days on the market but I would like to know a strategy more in terms of the work needing to be done on the property.What is the typical rehab budget for a full gut versus a fixer-upper that needs some updating such as for the kitchen, bathroom, new carpet, roof, and/or driveway for example?