The answer to all problems, are usually right in the problem...hidden in plain sight.

The general idea is the bank will loan you extra money to cover the cost of repairs,  this is typically only done with commercial loans and they usually escrow the money and release it to you as you complete the repairsBy way of example say you buy a 500K house that need 100K in repairs. 

@Mike Reynolds  Hey Mike, we meet on the 3rd Monday evening and usually meet at Golden Corral but we are looking around and trying Cotton Patch out this next Monday 19th.  

If there is an inspection done on the property the investor/buyer usually would pay for it. 

The little bit of extra cost will definitely pay off if you end up having a claim that would have not been covered otherwise. 

I assumed ~$1200 in repairs annually (this may be where I underestimated, how do you usually do repair estimates?)

It usually takes 5 – 15 minutes to complete and gives us a big picture snapshot of your personal information and goals.

Have a realtor get the extra detail for specific houses YOU identify.

What usually happens is the people who book the larger units (usually 2-4 people) tend to sleep in a different bed every night, which creates more cleaning cost (about 2-3x the amount of time to turnover larger unit).

@Dick Stevens I am at the very beginning stages of the study ( This isn't my usual gig but the co-founders are friends of mine ).