Such items as: does the turnkey provider use carpet in high traffic areas?

Both properties have been updated with fresh paint and carpet and are truly rent ready.The owner is asking 15% down on the 3br and 9% down on the 2br.  

From what I can see from the windows it seems the bank has kept the utilities and AC on, and aside from a carpet cleaning and some paint it is pretty clean.All that being said I'm am thinking of picking it up to rent for a few years, then I'll upgrade the kitchen and flooring and move into it, and rent my current home, or sell it depending on how strong the market is and move on to the next investment.Problem is that while I have awesome credit (820+) and work history, I only have maybe 5k cash I can use for the property, the rest needs to be mortgaged.

First, the condo is a little 'grimey' and would need a paint job, carpet, and a cleaning (not in that order).

With that said- flooring is one, kit. cabinets and countertops is another and Lighting is the third.I budget 5bucks a sf labor and mat for flooring- I hardwood all public areas (LR DR hall) ant tile wet - (kit & Ba) carpet the bedrooms at $12sy.

The project scope included: Upstairs, a gut remodel of the kitchen, including adding a dishwasher, and opening up a wall to make an open living room/kitchen, updating the bathroom, adding a washer/dryer hook-up, and new paint/carpet.

After their first child was born there had been more repair done at my home which I always pay for and there is more tear/wear/damage with all the walking running on the wood floor and carpet and the backyard.

If replacing carpet, install may only be 20% or less of total.  

The carpet may have to be replaced every time tenants leave.

LOLI will not buy a home that the original footprint has been altered or has asbestos siding or where there is more than one of two yard dogs nearby.I can fix a house but not a neighborhood.I love polybutylene, musty, leaking roofs, trees growing in the gutters, cracked foundations,shag carpet, stolen AC's, ripped out electrical and plumbing.