One quote has the items listed, shows the price of each item as $0 and then has a final total. 

There are two items that you need to completely solve this problem for your rehabs: properly built Design Boards and a Finish Schedule.

Never use an Expense Ratio %-  do a line item forecast. 

If so, are you concerned about Spain's tax system on worldwide items?

I’ll also amortize large items like roof over 20 yrs, and then add $100/mo/unit for general repairs.

Then we review the submitted file items and come back with questions or ask for additional documents it is a normal process.

The inspections have become so nitpicky over purely cosmetic items there has to be an extra $1-2k per year to keep up with the punch list every 1-2 years.

After adding those four items back in, it brings the complex to making around $6,500.

You missed an important item: Depending on how a person does #1 or #2, it could get them: A fast-pass to the "Principles Office" for "bullying" and now there sitting in "detention".... 

You've given me some solid pointers/items to take into consideration for future deal analysis, so thank you for that.