@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!

Kitchen cabinet handles were placed upside down, cabinet doors were installed backwards, electrical line for thermostat was ran on the inside of the bedroom exposed, trash swept into newly installs vents from the furnace, cracked tub, wall switches were installed sideways in some rooms, wall outlets were installed upside down on some walls, list goes on.

Most investors have rose-colored-glasses when it comes to their neighborhood quality.

I sold the other Class C while it was vacant - I saw the writing on the wall so decided to cut my losses. 

-If you have ceiling heights for 48" wall cabinets, that's great.

What does it tell you when a city can't afford to put a few structures with colorful lights for the holidays?    

Cheap materials, thin walls, the LVP was peeling already not to mention the transient individuals in the parking lot. 

-When a tenant moved out, the management company refunded their security deposit but failed to account for damage, such as holes in walls and outlets ripped off the walls, leaving me with repair bills and also tenants moving in without the repairs being done.Stuff like this that is consistent and when I ask questions they are defensive, when I ask for more quotes for high ticket items they are defensive. 

If in your shoes I think I'd call sellers bluff and put em against the wall of it via how I construct the purchase offer.

Are they familiar with what they should do for colors, amenities, etc?