current tenant (4 yrs at the house): My bath ceiling paint is peeling.

Do you peel a chip of the old paint and bring it in to be scanned? 

However, it's not like 30 years ago when the ceilings were "Popcorn" and the walls were "Orange Peel", although you do still find that on many older homes.

And for upkeep between renter, a lite sanding of the current top coat will be enough of a prep for a new top coat.Good luck and remember to wear a face mask !!!!!!!

If you do it all yourself at minimum your looking at probably 5-7k on the kitchen, 2-3k on the bath, 1.5k in the floors unless you are using the peel and stick tiles, close to 500 in pain and supplies.

Crazy stories; househack 1: peeling layers back and ended up gutting place.

Flooring can be a basic vinyl or even a DIY job using peel & stick flooring.Expensive materials is more risk for the landlord because when they get damaged there is more likelihood you will lose money on the deal because collecting damages exceeding deposits if difficult.

I've got about $10k I'm willing to spend, and here's what I've come up with as far as updates go:- Add shelving for grocery storage - there's very little today- Rehab the front porch (you can feel the plywood sink in places as you walk over it)- Repaint the outside of the house (paint is peeling)- Add a fence for the back yard- Add a back door (there's only one entrance/exit to the house)- Pave the driveway on both sides of the tree out front- Add exterior lights to the side and back of house- Update kitchen counters (granite?)

A bank statement review is a great process until the phantom is forced to take off the mask.  

Jay,Have had my eyes peeled on land and learning as much as possible.Still early days for me in this venture but 100% agree with you.Love the concept of hoarding land and the question for me is how to cashflow from it?