There are never full photos of the mechanicals and basement and roof line so you will never have even a bare inkling of what the potential repairs will be.

It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided

Feedback has not suggested property needs additional repairs/work, only that they are looking in a different area.

A lot of wholesalers lock it up at 75% - repairs and then try to move it at 80% - 85% - repairs.

Take the time to break down what needs to be repaired and what upgrades you will be doing.

I'm thinking of maybe just lumping them into a category under repairs or something but want to see if others have a It sounds like categorizing deductions under a ‘repairs’ category could work as a temporary fix, but it might not give you the full accuracy you’re looking for long-term.

Account for all costs, including closing fees, holding costs, and repairs.

Here's a list of things to track:- Formal lease application- Formal signed and executed lease specific to your state- Payment history (I recommend using online rent collection like Apartments.com, RentRedi, etc)- Maintenance requests and receipts- Accounting for all rental-related expenses (repairs, utilities, etc) The more you treat it like a business, the more helpful you are to your CPA come tax time. 

Often times they come back with a list of repairs that they would like to see to protect the home or mitigate liability. 90% of the time those items were on our list to fix anyway, and sometimes we even haven't done before we get the letter from the insurance company.

It's a good practice to overestimate costs and underestimate after-repair values (ARV) to keep your expectations realistic.