Usually carpet cleaning alone is $150-$200 and they need to get ready for a new tenant.

Between the basement, first floor, and second floor, there is about 2,500 sq ft of finished space within the property (mix of plaster, drywall, hardwood floor, carpet, tile, etc.) including 2 kitchens and 3 bathrooms - all of which will need interior demo down to the studs.

update, paint, carpet, appliances What was the outcome?

Upgrades include fully remodeled kitchen (stainless steel appliances), partially remodeled bathroom, new carpet, new doors, new landscaping, new paint, and waterproofed basement.What made you interested in investing in this type of deal?

Paint+rental grade Carpet for a 2200 sq ft 2 story house should come to around $7K here right? 

Note:  that does not mean up to a modern decorating standard so paneling for walls is ok, orange shag carpet is ok, just not holes in the walls or floors.

I am debating between vinyl planking and carpet.

I had two separate clogs in the plumbing the carpet was filthy and the place needed completely repainted .

-High quality bathroom paint with mold inhibitors -carpet tile or LVT (luxury vinyl tile) with releasable glues so that a single tile can be replaced easily.

I would rather find a foreclosure or auction property that's in reasonable shape at a great price and near ready to go with what landlords called paint and carpet only needed.My first two properties were auction. 63k appraised for over 80k (was on markets at 119k originally.