I thought I was going to have to rip everything out including the drywall but instead I bought some Zinsser BIN shellac and painted the entire apt, everything got covered even the kitchen cabinets.

:)now I'm looking at my possible second deal.it's an older one. 4 bedrooms 1 bathroom, will need painting, furniture.. might be able to keep the kitchen, but it's old looking. will probably be renting to students and truth be told. they don't have options. very few places to rent in the city. 45k + repairs, rents for 125/bedroom/month (around 500). now the cool thing it actually brings an attic that already has water and electricity, and an old bathroom in it. would have to fully restore this attic but I would be able to make a 1bedroom apartment there. won't probably rent it for much more than a bedroom on the actual apartment though as it's a descending ceiling on both sides.

I was surprised to discover there are companies that actually rent out minutia kind of stuff like kitchen items, lol. 

The repairs would not necessarily need to be done all at once but it would need a new kitchen, a front door, and several windows replaced.

Each unit needs an updated kitchen and bathroom. 

I should say, I didn’t consider it a flip, and I wasn’t living in renovation dust the whole time... but I enjoyed renovating the kitchen, then adding a second bath, etc. ended up making quite a bit based on the few years of appreciation plus the upgrades.

When there's an exception to that, it usually involves kitchens or bathrooms, or a house that was so beat up no one could get a mortgage on it at all (eg, a flip) and someone had to pay cash.

I would look for a single family with a mother in law / second kitchen and rent the basement if you intend to househack.

Made some minor upgrades to kitchen, floors, and removed a wall to add space.

It's completely remodeled with a large kitchen and some acerage.