But it gives you a chance to get a fresh start....make your place nicer, replace appliances, new paint, get rid of carpet and replace with LVP, Etc....

Both bathrooms need a complete remodel as well as the kitchen, the ceiling in 2 of the bed rooms are bowed (previous roof leak that was fixed) so new ceiling drywall, appliances, flooring, and paint throughout.

As for turn over cost I would save for new floors and paint obviously every house is different if you have a 30 year old oven then add that in to but as a rule of thumb save for paint and new floors.

Power washing the exterior, repairing the driveway, and painting the front door What was the outcome?

Mortar, paint & bonding materials deteriorate leaving cracks, gaps, etc. which can be concerning to look at, but this is very often addressed with repointing.

Adding paint and replacing flooring is not going to add much value in the typical case.  

I flew there and walked the house, looked pretty turnkey rental grade): $1029 GFCI outlets, downspouts and guards, drywall, paint, bathroom vent$4615 (new AC unit since unit was stolen before tenant moved in, didn't file insurance claim because didn't want my premium to go up) $600 (water line, gas line, P trap)$60 lawn mowing$112  thermostat repairMy opinion is that Class C is better for local investors who are on site and know how to do repairs and self manage.

Until he wasn't.Sometimes people change due to pressures we don't see, and sometimes people are just like m&ms . . . dark on the inside with pretty painted shells. 

Tile done, trim done, final painting happening as well. 

Some need new furnaces, flooring, and paint.