I'm supposed to close on two this upcoming Wednesday and on Friday afternoon they requested repairs that had to be done before they would close.  

Fresh paint throughout, minor repairs, updated outlets/switches, backsplash tile in kitchen/bathroom.

I recommend Class A or B, not Class C if you're going to buy OOS and fly out to the areaAnytime a  turnkey provider, wholesaler, seller, agent etc that shows you a spreadsheet number with cash flow, appreciation, repairs, capital expenses etc those are ideal scenarios.

Seems like no one cares about the house, until you complete repairs or move in or move someone else moves in, then all the ants(aunts) come out with big fangs and stingers.

Our offer was way over the usual 70% of ARV minus repairs.

May be a silly question and I'm a new landlord and was wondering what if anything I should do for them in the interim while we wait for the parts to repair the unit. 

This old Tenant had some minor surgery that mold remediation day when these repairs were done.

Then you give them a "take it or leave it" offer.One other bit of "home work" for you - how much will it really cost for you to repair the property if they move out, to market standards to get the $1150 in rent?

I received a quote from Mark DeLaquil at Eon Roofing and Window. www.eonroofing.com, He was willing to talk me through the repair I needed rather than charge me a couple hundred bucks for a five minute job.

As @Mark Miles mentioned, Option B will have a lot of hidden costs and likely hidden time-consuming repairs.