Keep your contractor in check and get an itemized quote prior to hiring.

My PM failed to let me know about the 21 day itemized rule, let alone initiate conversation with the the tenants for repairs and those tenants are refusing to pay anything past $4100 due to that technicality.  

After inspection we ask seller to fix few vital items like the heat wasn't working.

Some other items came into play were manager percentage of late fees and maintenance oversight fees and renewal fees.

If we know who left the items in the hallway, we gladly take them to the dumpster for them. 

We have contractors who can get us estimates for inspection items and we use that to negotiate.A couple more pieces of advice I would like to leave you with:- Make sure your Agent is knowledgeable about rental properties and what it takes to get them rent ready.  

The database or spreadsheet contains the variable items that are to be input into the blanks of the document. 

Hi Ryan Biankowski if it were me I would keep my $10k in the bank for holding costs as well as you'll need funds for items you need to put deposits on like cabinets, counters etc.I would find a great deal, use an HML for my first position lender and a PML for the second.

All of these items are on a time clock.   

This process can be very costly, requires zoning permission, in addition to all the items you listed.