Besides the basic appliance what do you need inside the house to make it appealing.

Seems that if you can't do a solid cosmetic rehab with a few minor items like appliances all for under $10k and immediately get the $2100/month rents, it may be a dead deal - and that's assuming you can even get it for $224k right?

However - my sister wants to move in around july and I may have a sig other to live with as well which would be at least 500 in rent either way.Other concerns are how to allign for costs of everything coming up - as in how often do entire kitchens/appliances/etc need to be replaced and should I average all those out long term/per year/etc?

Everything is functional (new HVAC, ok roof, good appliances), just a bit out-of-date bathroom, kitchen, floor, very old kitchen cabinet.

I mean, there are lots of other appliances running off their metered electricity. 

Also, it was obvious the buyer’s agent had the inspector nitpick on every little thing (e.g. 3 hairline settlement foundation cracks which from my understanding is common on most homes but he is asking if he can have a company certify the foundation, calling out no insulation in the attic when there is a cover above the door, asking for co2 sensors to be added when there’s not even gas appliances or attached garage, etc.).

You should be able to negotiate discounts on materials, fixtures and appliances from a supply house by buying in bulk.

Completely new kitchen with upgraded SS appliances and granite countertops.

Then look at the the appliances, water heater, siding, etc.  

It was a REO home and we had to paint, carpet, and new appliances.