So obviously many of the LPs appear to make these investments not really knowing much detail..

Oh wow, absolutely love all of these tips and details!

Start by serving proper notice of the management change and request payment details.

Reports must include details of beneficial owners, such as names, birthdates, addresses, and ID documents.

Also, the findings are more detailed than what Wagner provided to us.

Always have a detailed scope of work and a price in a written contract.  

I don’t know  the specific details of your situation, but there are other considerations and options as well.

Quote from @Chris Clarkson: Initially I’m wanting to start in the local Chattanooga/North Georgia areaWould you be interested in something like this: https://www.realtor.com/realestateandhomes-detail/3621-Missi...?

Get into details on how renovations are done with units occupied, what systems they use to mitigate tenant fraud on applications, how they set price levels for the units?  

I laid out in detail the details and steps of the clean up.