They have cabinets down there and space that I might be able to turn into a kitchen down the road.

I'm getting new flooring, kitchen cabinets and appliances, lighting, painting and bathroom. 

I used the Home Depot Pro points to save on lots of paint, and then was able to shop around my town for deals on new appliances and cabinets.

Cabinet makers  etc etc.And on the fix and flip we do we have well over 100 projects going at any one time I can't even count how many folks that helps... so there is more to it than just our personal gain.. and we hope that all those that work with us appreciate what we do to help them..

look it up on loopnet in maryvilleThis property defines "deferred maintenance" and needs every bathroom, fixture, cabinet, door, window, floor, appliance, septic systems, supply plumbing,(currently galvanized) hvac systems,water heaters etc replaced, plus all the cosmetics.rehab would easily be over $200k , but the 50 year old septic systems might last a little longer!

 Assuming the Exterior is completely dried in, the next steps to finish the project would be:Drywall or Wall Finish - a Cabin in Montana might prefer a Wood Finish instead of the Drywall we typically use in Arizona - Possibly a combination of both; I suspect Drywall would be least expensive but maybe not as Aesthetically correct.Assume an inspection is required to confirm proper Nailing of Wallboard prior to next steps - Make sure Wiring and Plumbing passed inspection prior to installing Wallboard.Tape, Texture, and Paint - If Drywall is used, not required for a Wood Wall Finish, but Wood might need to be Stained and Sealed.Flooring - Carpet, Tile, WoodMillwork - Cabinets and CountertopsElectrical Trim - Includes installation of Electrical Outlets, Switches, and Light Fixtures. 

That being said, would the properties be more valuable if I left the first floor in the same layout and add a half bath to the dining room, or would it make more sense to move the kitchen cabinets and appliances into the dining room since there'd still be room for a table and make a laundry room and half bath out of the kitchen area? 

Worker supposed to show up - Doesn't Show - Call/Text GC - No Answer - No Answer - Finally Answers - Insert ExcuseOn my project he was only working on the cabinets, for the other two, he did a majority of the work.

I’ll post a picture of a slab that cost $500 and $1100 to cut - this was enough for a kitchen and 2 bathrooms.Same $500 slab in another kitchen:Also, as you can see, for rentals, I’m a fan of darker colored cabinets. 

@Joseph Konney: The upper unit the guy I bought it from had started the work already, so there was little to do  besides paint and finish bathroom floor paint and light fixtures and same with Kitchen and 1 cabinet and I repainted because the color he had was awful.