But having a property management partner lined up, can be a big help, as you can sell their track record of operations, and deals they have been able to execute on.From the legal standpoint, a contract lawyer and a securities lawyer are two different specialties.

Is there a checklist you use or a certain group of tasks that you have the trades perform as preventive measures? 

Wanted to vent/shed some light on something that is so important but often times executed so poorly and that's communication.

Zillow and Apartments (CoStar Group) are both publicly traded.

Try and have them bid " apples for apples".1- Windows   , Vinyl, Low E.2- Six panel doors and no jambs but new trim.3- two tone paint, these two colors.4- New bathroom vanity, toilet, and remove old tile with new tile. 12' X 24".Etc , etc.Brent is smart and great article, I am just adding my point of view from a seasoned  Re- hab contractor!               

This question has been asked and answered literally 100’s of times. 95-99% of time ti,e it’s a bad idea in the opinion of those that don’t think they are always a bad idea. 

For the main items called out, did you talk to a licensed contractor in that trade to ask them what the estimates to repair would be?

By using them you are trading cost for risk, that just is the reality.

I was informed that I must trade up with Like Properties.

And are you skilled in any of the trades?