You should only spend money on aspects of the property that will help you realize a bigger profit. If that doesn’t happen then you are wasting your hard earned profit. And as good as you getting your cash and burning it before your eyes. By all means make the property more presentable by doing some new painting and other tidy ups, but forget the granite work tops and the designer touches, let the new owner who wants the luxuries to add them themselves. Bottom line you are in business to make money, not to take on properties to do up as in the fancy staged TV programs. These programs are “made up” and are not right for investors who have better things to do, which is buy more property and hence more profit! We are not here for fantasy and design, we are here to take on the mundane deal making tasks to constantly generate profit.