We are looking for a single family up to 4plex and have a few areas right outside the KC market that we are currently looking at (Lees Summit, Blue Springs, Independence, Warrensburg). 

@Spencer Gray I was looking for 70+ units property which would allow us to have on-site management, but sometimes (I would actually say very often :-) you do not get what you want.

The walls need to be painted, I figure that’s an easy enough thing to do myself (although I’ve never tried it)The floors appear to be a light colored hardwood but they seem to have been painted a dark brown.

@Spencer Gray Hi Spencer!

for napkin math just use 50% of rent up to a rent of about 1200.. that will be uncannily accurate.in your state though got to really focus on prop tax's  end of the day profromas are all just blue sky.. 

I'm getting an idea of what to be aware of while repairing, but I am unaware of the aesthetic side of things such as bathroom fixtures, flooring (style/color), counter tops, etc.

Colors/types of hardwood that will hold up well?

@Loretta Gray Thank you!

Ask your contractor to tell you if the property 1) has a meter, 2) what color the tag is, yellow, white, red, green.

I typically do my own repairs so if out of the blue I charged my tenant they'd wonder what was up.