You would also need to budget for roof 25 years, hvac 20 years, appliances and hot water heater 12 years, painting 3 years, etc.

I would assume you would want to replace the roof(15 years if flat), appliances and hot water heater 12 years, hvac 20 years, etc, 

Renovated the property, painted, new carpet, appliances, added a washer and dryer What was the outcome?

Renovated the property, painted, new carpet, appliances, added a washer and dryer What was the outcome?

.)- Repaint the entire interior with white paint(along with some drywall repairs)- Remove and Replace appliances (Refrigerator, microwave, oven & dishwasher)- Replacing garage door opener, cleaning leaks, Fixing door trim & side vinyl etc.I am looking for good contractors for this project.

So my wife and I went to her house and took all the necessary furnishings and appliances to the empty 2 BR. 

Small improvements such as painting and updating some of the appliances (dishwasher and stove) What was the outcome?

Taking an average home on an average street and going over the top with finishes and design will not work as nobody will want to pay say $600k for your home when every other home is $450k just because yours has high end appliances, plumbing fixtures, and other higher end amenities. 

Still need to budget for roof 25 year life span, appliances and hot water heater 12 years, hvac 20 years,etc.

You would still need your CAPEX budget for appliances, windows, flooring, countertops, cabinets, plumbing, etc.