I am a contractor in Atlanta and a $15/sqft rehab is basically interior paint, paint cabinets, countertop, new tile, new fixtures, flooring, etc but you have no room for any system upgrades or any problems to arise (rotted floors, faulty wiring, etc)

I’m doing permit drawings for basement egress windows in one of my student rentals and was wondering if fixes like this were common or is it all paint cabinets and flooring?

Someone bails, and we're out a month of rent and a few hundred in make ready but we have 1-1.5x months as a deposit so we're normally good and move into the next tenant. 

Then MEH, there could be a hundred reasons from the verbiage never transferred across some internet site, to the listing agent forgetting to add it, to the guy having not done anything with his license in years and just remembered he has been paying the $50 every two years to renew it with the state, but hasn't belonged to the board in years.

Third, time and time again I've seen landlords save a few hundred dollars on the attorney's fees but lose thousands due to simple mistakes.

@Michael Junior I've seen hundreds of investors come to OKC for the same reasons, the numbers just make more sense than in their market. 

Hundreds of different factors:Budget?

In the side im renting out I've put in new lvp flooring, painted everything it looks great but I'm trying to decide if I should put all new cabinets and counter tops. 

Pay them for their time, a couple hundred dollars.

We made them many hundreds of thousands of dollars over the 6 months that we worked with them, but then were able to move on and do our own thing with their systems and methods.