It's their job to be functional and form conscious.Make the kitchen nice with fresh countertops and cabinets, have clean bathrooms, paint and re-floor the place if you can build that into your budget. 

My husband is a custom cabinet builder, so there will be a nicer kitchen in there than most other houses around, so we have a feeling we might not be able to ask enough more to get back the expense of appliances.  

The Capex includes everything from HVAC, Roof, Kitchen Cabinets, Appliances, and flooring.

The kitchen tiles and cabinets like at least late 80's or 90's.

When I read that, I immediately think they must be working in the deep South, or FL or somewhere where the median home cost is under $100k.My belief is that if I am going to put reasonably high quality cabinets, floors, appliances and trim into homes, shouldn't my profit reflect the extra investment in materials and extra time to do the finishes?

All of these have their own costs associated with them.When everything is said and done, it comes down to YOUR decision......If it's a small rehab job, couple of rooms of drywall patch, paint, kitchen cabinets and flooring, put the HVAC system in and clean the duct work afterwards.  

Water and drain pipes have already been plumbed for the kitchenette, so all that needs to be done is the installation of cabinets, sink, toilet, vanity.The way I see it, I have a choice:1.

I believe the cost was $80-$90/sqft depending on finish & I believe the buyers were supplying their own kitchen cabinets & windows.

Same in the kitchen,  I've been running a wire from the ceiling box to the cabs and installing cheap LED under cabinet lighting that goes on with the overhead.

Both of them have considerable experience taking down/ putting up walls, installing cabinets/fixtures.