We bought one property back at the end of October, that is still stuck in a rehab vortex thanks to lack of materials and workers, but beyond that cash that I would have used to purchase more properties has instead gone towards paving dirt/gravel driveways, adding decks and porches, updating interiors, etc.

Question for experienced investors only.Let's say your general contractor quotes you at $12k per unit to update interiors (paint, install vinyl floors, formica countertop, refinish cabinets, and new appliances).

We are doing a light rehab by putting laminate flooring, new countertops, painted kitchen cabinets, replaced some interior doors, rehabbed the porch, and gave it a new coat of paint.

It also has lead paint on the interior that has been painted over "several times and the trim was replaced" per the owner.I want to buy the property to rent it out. 

Added in-unit laundry rooms, new kitchens, new bathrooms with subway tile, roof, electrical and all new plumbing, minor landscaping and fresh exterior and interior paint.

Interior or exterior doorway?

Painted all interior walls too What was the outcome?

We seem to have a problem finding contractors that will give us a per unit price on labor (example: interior door install price).  

Purchasing sight unseen (interior) isn't for everyone but it is built in 2007 and realtor did sent me some pictures of both units. 

House details: Unit Approx: 700sqft2/1 Paint with Trim $1450Drywall- Master Bedroom(1 side of wall has large crack in drywall needs replaced) $250Electrical- Loose Wires $250Misc -Replace Downspouts -Replace doorknob & deadbolt $100Sump Pump Replacement -includes labor $530Carpet Cleaning $65Cleaning of Interior $125Insect(Elder bugs)Treatment $350Carpet Replacement $2000