What steps are you absolutely performing every time before a purchase and which are you more relaxed with?

With only one listing and the idea of tying to actual performance I lean towards Beyond but will check price labs as well. 

@Bradley Ritter - I likely have partials with no minimum and rates above 8% on performing notes.

The most important thing you can know is how the numbers work so analyze deals and think about what can make them perform better, call another investor or 3 and ask them about the idea, call a contractor or 3 you've never met and ask them how they would solve the problem, because chances are there's something you havn't thought about.

Read your agreement.If the management company performed the work to turn over the unit and it was due to damage from the tenant, I would imagine they can't just hand you a check and swallow that cost.

Being said, you MUST perform a thorough screening background check equally and fair on ALL applicants the EXACT same way to avoid being accused of discrimination.  

I see a lot of potential deals, but I don’t want to get them under contract if I can’t perform and find a buyer.

I've also found a great off market deal from a casual conversation about what I invested in (commercial), and he said he knew of a building he'd been trying to sell for years.

If you have just one or two properties and something goes wrong ie. vacancy, HVAC replacement etc, you'll feel the pinch a lot more than you would if you have other properties in your portfolio offsetting an under performing one.

In my market with Class B there's a ton of competition for those properties among casual investors who are willing to pay more because all they want is 2-5 properties vs. an empire and they're willing to pay for it and stop growing.