If done correctly this is a great way to replace damaged item without a cost to the host.

It seems easier  to estimate CapEx - I know the big ticket items and roughly how much a new roof is, how much a furnace is, how much an oil tank is, etc..  

I may be a bit on the bold side for longer term items. 

I've mainly looked at Home Depot/Lowes for flooring and larger items and got hardware like knobs, faucets from amazon/wayfair but curious to hear where you all get your materials fromAlso, need to get a double vanity for master bathroom, any recommendations?

Beyond the capex/repairs/vacancy line item not existing I saw a couple other red flags in your numbers you may consider correcting in the future.Insurance seems extremely low at $25/month.

If a defaulting taxpayer has more than one item to be sold, as soon as sufficient funds have been accrued to cover all of the defaulting taxpayer's delinquent taxes, no further items may be sold.

I didn't expect to get so much great, personal advice from such a diverse group of people all over the country.

Just be very clear upfront about those items.

There many items that need to be redone that he says he will fix but I don’t get what the hold up is if he has the money he needs from me. 

They nickel & dime you for a lot of items.