My thoughts are that if it’s in good enough shape I can sell to a consumer buying with a mortgage company or if needs work sell to an investor for a discount to make a profit.

If they took pics for the auditor that is usually good enough to start work.

I'd also want the operator to have a favorable track record in general but also with that specific property type, plan and MSA.It's good to know that the operator is making a significant capital contribution of their own, and not just dumping their acquisition fee into it and calling it good enough.

Are Insignia washers/dryers good enough for an STR? 

Not quite as good as a fancy Glock paired with an AR functionally, but plenty good enough and much better optics in the courtroom than those black military looking guns, if it ever comes to that. 

You can overcome this by putting more down, which reduces you ROE and COC return, but if the appreciation is good enough you can make up for this with overall returns over time as rents increase and the property appreciates.

A 3.5% loan isn't good enough rationale.

A free property is great... but if you find a deal good enough to BRRR (which can prove challenging) take that profit and invest it into a revenue generating activity.

If the credit items reported are up to date with no late payments that is generally good enough for me.

I've also learned I'm not really good enough to make it work, nor do I have the time and energy to become good at it and turnkey is essentially the right strategy for me.