A floor plan will probably help with suggestions.

Here is the first floor where the Kitchen and Half bathroom is located.

Thank you but NEXT. no offense. There are folks on here with talent. I've seen it. My last investment wouldn't have looked like it does.

https://www.zillow.com/homes/235-Idlewood-Rd-Pittsburgh,-PA,-15235_rb/

Your floor plan did not post.

Is this going to be a long term or short term rental? It matters,especially re:bathrooms and kitchen. Budget? Floorplan? Any unseen potential looming big fixes,like a roof,mold/asbestos, furnace?

There's really too much here to tackle all at once, so I'll just opine on these two things:

Yes to drywall over the stone walls around the fireplace. Paint them a color from the stone.

I'm not sure what's going on with that pink bathroom, but I would remove all that tile. Take that bathroom down to the studs and start over. Same with the tile in the kitchen. You're more than halfway there, so I see no point in working around a dated blue tile that limits your layout and finishes.

Dimensions are important, especially for the bathrooms and kitchen space.

What is the potential rent range from barest minimum livable to all tricked out and what is your target figure? Do you anticipate owning this property for months, years or decades? 8f you don't provide some details, it is difficult to give anything more than generic advice

I Plan I’m keeping this property for a couple of years. The min amount of rent I can get is 850 with the highest 1200. My budget is 20k and I’ll be doing most of the work or with help from more experienced.

I would love to go over the tile with tile or refinish the tile and paint over it a white. A subway tile look I’m thinking.

At those rent figures, you won't get much of an increase in income even if you invest a substantial amount in improvements. How much would you need to spend to get an extra $4K gross per year? If you are not planning on keeping it long term, it likely is not worth spending too much money to make improvements or replace outdated mechanicals

Usually a house of that value needs mechanical updates but hopefully you can keep those under control. A new furnace, water heater and replacing old pipes will eat up quite a bit of budget. Then add in the new windows, and you will be left looking at bare bones money for the rest of the house.

If you have a local ReStore or use Craigslist to see if you can find materials to save some money. If you can find a used cabinet set, you can save quite a bit and used appliances can be a good deal also. In your price range, you don't need everything to be the latest and greatest available. The ReStores in my area often have small amounts of tile available for $1 /sq ft or less.

Focus on the features that will sell this house in two years. What are they? Big lot? Any premium for restoring the 1950's charm (tile, fireplace) or do buyers want all new everything?

Two suggestions:

- first, consider sandblasting the fireplace and wall stone before you refinish the floors. Often stone darkens, especially if there were smokers in the house for years. You can add track lighting that will highlight the stone fireplace and wall.

-second, for your expected sale price, look at how the comparables currently on the market are fixed up. Do they have tiled baths or acrylic surrounds? Are the kitchens wallboard and laminate countertops or original tile and laminate countertops?

I think you have a gem there! I can imagine it will need a ton of work and money, but it will be charming in the end. No advice on the exterior or main issues, just the interior.

After the basics are covered (safe floors/walls/heating) I vote for painting all the walls a fresh white and putting down simple laminate in the rooms (except bathrooms). Bulk buying paint and laminate is cost-effective and reduces choices, and then you can add all the color and style back in via furniture, curtains, art, etc. Good luck with whatever you do!

Stone wall is a treasure and adds a lot of rustic coziness, I agree with cleaning it rather than covering it.

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Sorry but 20K will barely cover the cost of making sure the bones are up to date, If you plan to rent you better make sure all the plumbing and electrical are up to date . IMO that stone wall is just plain ugly but I like the fireplace . What is on the other side of the FP floor plans are always a good way to get real help. Paint color is the last thing on the list both outside and in . Draw the floorplans on graph paper to scale Just checked the listing and I guess 20K might go a long way where you are so post those floor plans

If you plan on putting a tub in the upper level, ensure that the ground floor ceiling and beams can support the weight.

what did you end up doing? so curious...i love the stone...and i actually love that pink tile. i am so hoping you kept it. love the arch...actually really like the house. hate the slider windows. curious what you did. i am finishing up a home in Pittsburgh that was my gma's home...from 1915 and closing on my 2nd property this week. i really like PA when there is no snow and happy to see that there is a resurrection happening.

Do The Right Thing: Fix it to habitable condition and sell it to an owner occupant.