Replaced old carpeting with LVP flooring, installed custom-built closet and pantry cabinetry, updated all electrical switches and fixtures to Decora trim, added recessed lights and switches throughout Kitchen and Living rooms, updated the landscaping for curb appeal, repainted throughout property.

Purchase price: $165,000 Cash invested: $165,000 Single Family, 4 Bedroom, 1 Bath, 1/8th Acre, Kitchen, Dining Room, Living Room.

First floor has a beautiful open concept kitchen with white shaker cabinets that reach the ceiling, wet bar, hood over range, farm sink, large lit pendants over the island, stainless steel appliances and new windows.

The renovation consisted of just about everything cosmetic: roof, windows, flooring, kitchen, bathrooms, doors.

Hello,Total purchase was $602,000 plus closing costs (appx: $8,000)The cost for the ADU was $265,000  ( It is a 3 bedroom 3 bath with a kitchen and 2 wet bars which I rent separately , including Plans and permits (Appx: $ 15,000)This was my first property when I did this, I paid for the ADU with lines of credits and credit cards and than refinanced and paid them off.I noticed you said it sounds kind of high, are you located in the Los Angeles area ?

I have had many times where I sat in the kitchen of a prospective client and they said I get regular cards from you. 

It's half the size, can go in under a kitchen counter top just like a dishwasher, and doesn't require external venting since it uses condensation for drying.

could I get in trouble if I'm not actually sleeping there because there is no bedroom, kitchen, etc?

However, it needed everything including a new HVAC, roof, foundation, windows, siding, electrical panel, floors, remodeled kitchen and bathrooms.

Maybe Murphy's Oil soap all of the wood and leave it as is and see if it rents.I say that because you don't know what's behind that paneling (cost $$$)(40 layers of wallpaper, giant cracks in the lath and plaster, etc...) and from the pic it looks like a lot of cabinets (cost $$$) to replace.If it were mine and I decided to leave it as is, I'd probably do the kitchen floor in (period type) 12 x 12 squares and replace the carpet with dark LVP and see how much rent I could get for it.Probably a new Formica top and a new Dish Washer (just to avoid service calls on the old one) and Greige the wall color.Of course from the pics I can't tell the condition of the cabinets--but have have seen similar ones of that age in incredible shape.Good Luck!