Report includes a detailed breakdown of our findings on the condition of the asset as well as pictures and a general capital expenditures budget.Detailed $650.00 per doorIncludes all items above along with the following,Supporting bids for capital expenditures, detailed roof assessment with safe access to roof supplied by your contractor or ours at an additional cost for their time, MEP condition report, 5 year capital budget.All fees are plus normal expenses for items such as travel, hotel, and per diem to be negotiated prior to inspection date if applicable.

I'm just trying to acquire income producing assets that I can add to my retirement pay to cover my monthly expenditures.

One thing ignored by  a simple comparison of purchase price and sell price is that some of the sell price was derived from capital improvement expenditures.

Therefore, you can't realize the tax benefits from those expenditures until you sell the property.

@Darren Sager - you care because most commercial paper re-sets interest rate in 5 years or sooner; even paper that is amortized for longer.I also care because as a syndicator I have to plan on getting my investors out on a specific time-table in order to drive the IRR.I also care because CapEx comes on in waves, and I don't want to own property past a certain time-fram as it will require additional expenditures which will drive down IRR.Having time is priceless in this business, and it's getting to be very dicey to underwrite...

What others think is not important unless that other is your accountant.Here, any expenditures made to get the property rent-ready are capitalized - essentially part of the acquisition.  

Also there are some shared expenses, insurance, lawn care, pest control, and capital expenditures like the roof are split between 2 units.

Capital Expenditures (capex).  

Right now they rent out for about $675 per month each, but with about 5k in capital expenditures, I could probably get $725.

It will be no way to split 100k, especially if hard money is involved. there are so many fees and expenditures that can eat that alive.