Common Deal Expenses

[Adam Martin]

Hey BP Community,

I'm going to view my first potential rental property in about an hour.  I was hoping to reach out and see what are common expense categories you've run into as a LL?  I want to make sure there's not something very obvious I'm missing that will result in me getting into a bad deal that I thought was a good deal.  So far, I've got the following categories

*Mortgage

*Insurance

*Taxes

*Repairs & Maintenance (7%)

*CapEx (7%)

*Vacancy (10%)

*Prop Mgmt (8%) - not planning on using one, but figured I'd include it as a 'worst case scenario'.

It would be tenant paid utilities, and there are no HOA fees in this neighborhood.

I feel like my list of expenses is really short.  What am I missing/forgetting?