Say two entrances and kitchen already.  

You can say something like:“Always use bathroom and kitchen exhaust fans when cooking or showering.”

.• More wear and tear.More people using kitchens, bathrooms, HVAC, laundry.

Rehab consisted of complete gut renovation of kitchen/dining area, new hardwood floors and refreshed bathrooms (new vanity and paint).I am bullish about the long-term appreciation prospects of the property and have trouble envisioning the hold strategy over the next 10-15 years. 

New kitchen, new full bathroom, added half bathroom, new eyebrow porch, new flooring, new paint.What if you did a light value add that projected a value increase enough to cover holding and selling costs, but the market depreciates a little?  

However, the kitchen countertops would remain as they are.

In this Spreadsheet I am comparing: OPTION: 1 Conventional Financing for "Buy & Hold" for a Rental vsOPTION: 2 using "Subject To" and Reselling to a Tenant Buyer OPTION: 1 As a Rental, the Kitchen and Bathrooms needed updating requiring about $5,000 of work in order to be ready to be a Rental.

Vs if you only earn 5k a year in cash flow that would take 4 years to get that money back, it might be better for me to think about where else i can put that money to better use.Or maybe you can invest that 20k into the property like getting a new kitchen and bathroom and now maybe the appraisal gives you a $20-40k bump in equity doubling your cash invested.  

We will charge Under $1,000/ month per student for every student to have their bedroom and in this case 3 full bathrooms, kitchen and Livingroom. 

New flooring, new windows and new kitchen and baths.