@Joe S. absolutely have used this on rental properties of a certain caliber. 

The items you'll need to track are:Date of ExpenditureVendor Name/Tenant NameAmountCategory of Expense (look at a Schedule E to get this)/ or Revenue Type (Rent, Deposit, Utility Reimb, etc)Property (for when you have multiple properties.Put it in a nice column format like this:Date                     Vendor/Tenant                Amount                      Category                  Property1/1/18                   Joe Smith                         $1500.00                     Rent                           123 Main Street1/5/18                  Home Depot                   - $20.00                        Repairs                       567 Oak StreetSo that when you share your spreadsheet, they can filter for what they want. 

Quote from @Joe Splitrock: Originally posted by @Ben S.

They have inflated construction, insurance, labor, and supply chain costs.

As an investor, I understand there are remodeling budgets that must be met for remodeling, and labor costs can be high.

About $250 they quoted was for labor.

@Joe Hammel would you mind me asking how you are sourcing your deals?

Quote from @Joe Hammel: @Kevin LeeWe love Metro Detroit.My portfolio is here.

It's the labor details that cost you, NOT the materials. 

Quote from @Joe Smith: Thanks, Jay.