The local price floor to buy a home is around ~$100,000. 

These blinds hold up better, are easier to repair and clean, and I think look nicer than mini blinds.

We cleaned up the property while living there and made some improvements What was the outcome?

I feel that the reality of it lies somewhere in the middle of the two.We found:One Rafter in the attic that was split about 18" from centerline down the roofOne water damage repair previously made by an owner to the floor joists in the crawlspace under a sloping wall.One water damaged floor joist that is literally crumbling in my hand. 

You the landlord is only responsible for providing a safe and comfortable living environment, clean water and heat to your tenant.  

Complete dress up of the exterior; Enlarged the upstairs deck with the monster views.Added a 'Margarita Bar' off the kitchen/family to take in the nightly sunsets.Remodeled two bathrooms, some new wood flooring, new paint throughout.What was the outcome?

Added central air/heat, granite, carpet, vinyl floors, and stove.What was the outcome?

There are a lot of homes that need a lot of work so it would be done within a year to a year and a half, new paint, new appliances, cabinets, flooring, etc.So what y’all are saying is I would need to make the LTV go up by 20-30% to be worth it?

The second unit is a multi-floor 2/1. 

The only other problem is I notice uneven flooring, meaning in certain bedrooms there is a gap between floor and the molding.