What items do you include in your capital expenditure fund?

[Ryan Ford]

So I am almost finished with the book Rental Property investing, which is what brought me here to the forum. Something the author emphasizes is the importance of calculating capital expenditure into the equation when analyzing a home for investing. I have taken down the items listed in the book and customized the numbers based on where I live and what things cost here. The issue I am having is that I can't seem to find ANY home for sale that leaves cash flow after these deductions. So I'm curious if all of these items on the list in the book actually need to be added into every investment property, or if some can be omitted depending on the property. To sum it up, what items do you include when adding capital
expenditures into the equation?  Any feedback or advice would be greatly appreciated!