The house on the beach in Edisto was perfection but the sand was rough and the surf and tide was aggressive (too much for the kids to swim half the week but had fun anyway). 

The home was built in the 50's and is in need of around 30k of remodeling to get rentable.

Day 10 after purchase and the apartment is now painted, the floors are sanded, and the first coat of polyurethane is down.  

Sanding and priming chipped paint in two spots.

The most common examples are hand railings needing to be installed and peeling paint to be sanded and repainted.Rehab loans can not be closed quicker than 60 days, at least I've never heard of a lender that does one quicker.

We usually will either do new cabinets for the kitchen or just sand them down and paint them..just depends on our budget and the condition of the cabinets themselves.

Some of them we have closed on, some are under P&S, and some are currently being renovated!

@Jeff S. And

I have a few years of Investing experience, but it was in the late 90's and in the Northeast (NY,NJ,CT) market.

The rest of the house is mostly redo the kitchen, probably the bathrooms (may be able to save fixtures, but cabinets, flooring and shower tile need done), re-sand hardwood (hoping to salvage the wood by the leak?)