Buying a Multi-unit and not sure what values to use for repairs

[Scott R.]

The listings I'm looking at are calculating the CAP rate with "$0" cost for VMR and it's inflating the rate to a more desirable number.

1. Is this common for sellers to do?

2. Should I ask the seller for a breakdown of all repairs/maintenance from the last 24 months and use that as an average when caclulating what I think the CAP rate should be?

3.Ketchup on a hot dog: Yes or No

Thanks