How much would you offer for overseeing a lipstick rehab on a sixplex?

Yes its helps but you need to remember there are many members on here selling these so called turnkey properties ( which majority of them are just lipstick repairs ) meaning there are major cost when having to repair a old plumbing system, roof, structural issues, water damage, flooring, foundations, etc.

Previous landlord did some lipstick on a pig updates that I'll need to do right, and previous tenant did some damage before moving out (and stole the fridge).

Meaning the finishes of the rehab, materials, AND how the rehab investor (who you'll flip the contract to) does rehab... is it lip stick on a pig?

The last thing that you want to do is purchase a "lipstick on a pig" apartment complex. 

Do enough of the rehab to make the house livable (mechanicals and maybe lipsticking it by cleaning the carpets and a fresh coat of paint) and then list it on the MLS at a discount of comps.

No lipstick jobs left that will cover two closings plus profits.

Because the home was a true gut I had far more budget leeway than a lipstick.

That can get dangerous unless you have a deal that is a guaranteed easy seller, only needs lipstick so your rehab is 3-4 weeks MAX, and you keep your resale costs and any loan costs down.

Hey @Ben Tilbury, thanks for the shout out.1) It was a pretty lipstick flip.