Congratulations! Can you take a look at competing properties with your desired value/rents and see what finishes they offer? Most importantly you do not want to over improve. Primary upgrades would be finish the basement (possibly add an egress window and additional bedroom), kitchens, baths, flooring, is there room to add a garage if one does not exist, A/C. I would make sure all essentials are in proper working order (roof, furnace, hot water heater, electrical) and then move on to the cosmetics.
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