It's pretty simple.

It's a simple OBVIOUS.

I think you need a little more education and a mindset shift.Real estate investing is a fairly simple process.

Quote from @John Underwood: Thanks John, I like your simple approach, I agree with that.

This gave many the false sense that real estate is simple but its not.

Anyone know what this could be worth with a simple cosmetic renovation?

Plus, Zillow, Rentler and the other real estate platforms tend to have all sorts of unnecessary hoops to jump through for landlords, and I find a lot of their design very un-intuitive (I remember spending waaayyy too much time just trying to figure out simple things in Rentler).  ...why can't they make it easier?

Obviously, you pass this cost on to your borrower.My experience with Lightning Docs is that they will answer simple questions at no charge. 

I keep thinking about tools that can help me reduce risk by catching errors or red flags in seller disclosures and inspection docs, but that's likely because I've had a bad experiences with both.A simple and obvious example is a seller checking "No" for pests section, such as Scorpions and Snakes in Arizona when the property is in the desert, so obviously, there will be snakes and scorpions. 

Start with simple repairs, plan for vacancies, and ensure professional inspections.