How to increase ARV effectivley?

[Rob Randle]

I am looking at a property that is going to need some updating throughout.  Everything is functional but the bathrooms, kitchen, doors, closets are outdated.  I will be holding onto this property to rent.

What repairs / updates are necessary to increase the ARV?

For example, does replacing the doors or putting new carpet on increase the ARV?

I want to make sure that I am using my dollars effectively and that are going to have a positive impact on the homes ARV. I am looking to create value and not spend money on things that don't have a positive impact.