Secondly the kitchen could use some cosmetic upgrades as well especially considering the bathrooms look so nice. 

I usually recommend clients a pretty easy cosmetic rehab which is refinish floors, replace cabinets with modern white ones, add a white stone, new appliances, new bathroom vanity/mirror/light fixture and add in unit laundry. 

The home has great bones, but needs a cosmetic flip.

Additionally I want to keep reserves for small cosmetic Renovations as needed.

You’re the insider who can ring someone up, say you’ve got a contract on a property ripe for a cosmetic upgrade, and watch them perk up.I’d say give it a whirl, see how it feels, and don’t hesitate to tweak your approach as you learn.

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

It seems that if you can find a good deal on the purchase price, are willing to do cosmetic updates (floors, painting, maybe a kitchen) you can get that 100-200/month cash flow.  

After we completed the repairs (all cosmetic stuff) we handed it off to my property manager. 

Maybe at first you judt do cosmetic rehabs.

The few places I have been interested in honestly looked like they would require cosmetic work only.