I see a lot here that are around that $40-$60 (even less) number that would take $5-$15k to get modern and current.

I had to google "FAFSA"...Well, My Master's in Engineering Science was done here in the States but I had to pay every penny of it :)Thank you for your indication.

Regardless it is getting easier and more cost effective to submeter with modern technology so I think you will see more and more landlords going in that direction.

I initially felt I should use ceramic tile in the bathrooms for the modern look but understand it's harder to install.

Hi Bill,On a side note, I've seen those old craftsman homes with restored woodwork and modern kitchens and baths and they seem like real nice family homes.

It is really not rocket science , and never , ever let someone tell you cannot do it .

Also, depending on the cost of the rehab (which sounds expensive) I would think that the end buyer is going to see that and think that "everything" has been updated and the house is totally modern.

IE all tile bathrooms.. nice modern cabinets slab grantie .. 3 colors in the house all designer paint etc etc.  

I'd paint all of the cabinets grey, get modern pulls, replace the countertops, faucets and lighting fixtures.

Originally, as stated I intended to flip the house, but since I have decided to rent the property out after updating and modernizing it (FHA requires I live here for 2 years :(.)