Our main issue is these properties are owned in an LLC.

I chose this area for two reasons, the first is that the South Gate Entrance has the least issues.

Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

Depending on the severity of smoke damage and structural issues, it could be a huge challenge for first time flip.

They were abandoned and needed significant work which wasn't a huge issue but in terms of HUD owned properties i heard there can be significant processing periods.

We've had her for 10 months, she was quiet, kind, when she had an issue with the apartment she would let me know and I would come fix it.

The issue is his definition of cash flow. 

What can I expect for timeline, potential issues, rough costs? 

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

So far, no issue other than the biosecurity stuff.