Renovations included: upgrades to basement bedroom, upgraded kitchen, renovated master bathroom, new roof, upgrades to plumbing, and electric.

Renovations included: upgrades to basement bedroom, upgraded kitchen, renovated master bathroom, new roof, upgrades to plumbing, and electric.

We are also putting money into the plumbing and landscape on the property that will allow us to slowly increase rent over the next few years to market value in our area.

I'm not sure if any of them are on BiggerPockets, but I can provide you contacts for loan officers and all types of contractors (GC, electrical, HVAC, plumbing, roofing).

It depends on a lot of factors-location of the bathroom to plumbing, what you are converting into a bathroom, types of finishes and is it worth it (ie is this a 3 bedroom, 2 bath house that you are adding a 3rd bathroom to.

Also what's the plumbing like is CPVC (beige) or galvanized (50 year life). 

Rodent droppings, mold behind the insulation, cement poured down toilet plumbing.

As to what Collin Boyer said, finding a property where the "boring" stuff has been taken care of (plumbing, electrical, no major issues) but where there is a lot of room for aesthetic upgrades is a good idea.

/how would you decide financially that it would make sense to break down walls or add walls or run extra electrical wires or plumbing to get out of it more than what you put in monetarily speaking. 

Updated Electrical Wiring and NEW Electrical Panel, Updated Plumbing and Fixtures, New Ceiling Fan in all rooms, NEW Garage door.