Since this opportunity arose unexpectedly I am also looking to make extra income so if anyone needs help managing property or being an auction runner I'm your girl!

This was unexpected.

Also, I would advise to use hard money due to the reduction in risk which allows your money to stay liquid if you need to handle any unexpected issues that you weren't planning on.

I’d recommend a conversation with an attorney for the operating agreement and entity creation and a conversation with a CPA to talk about the tax strategy to make sure that this is set up correctly before it creates an unexpected tax bill.

One is 8 ft and not load bearing, the other is about 24 feet and load bearing.The estimate I got to remove the walls, take care of the electrical outlets and move the light switch on the wall, plus finish the ceiling to make it all look nice is for $4,400.

The only work the unit needed was a new bathroom, some paint, new outlets, things like that... the bathroom obviously being the biggest thing to tackle.

I never really take "statistics" and "data" whether online or published in articles for face value these days especially as media outlets have been exposed for their misinformation. 

Also a 16% COC means it was a really good deal (Brandon Turner mentions how 12% COC is his criteria) , so even if something unexpected comes up, you should be fine because you bought right. 

As long as your window installer has access to enough outlets to run their equipment and therefore install your windows, there should be no issues.

So, unless you are planning on just a few superficial improvements, be ready for the unexpected and budget accordingly.