@Tracy Scott it's highly dependent on the deal, the type of property and the location.In addition to the items others have mentioned, here are some of the biggest potential start-up expenses that I study closely before buying a property:Foundation/structure--this is one of my few "deal breakers", I typically will not purchase a property with significant foundation or structural issues.

Organize standard line item for invoices for project expenses, but have him break down all the administrative/overhead line items that are being reimbursed, likely in a prorated fashion ie weekly or monthly percentages.

Although these items are eligible for tax deductions, I overlooked this aspect when filing my taxes last year.Now that it's 2024, I'm wondering if it's possible to file an amended return to potentially recoup some money from the IRS.

We have an STR in Kissimmee, and it is doing very well, but the area IS very competitive. https://www.airbnb.com/rooms/606577680390071886 Key items:--The community with good amenities helps a lot. 

The work that has been done shouldn't require any services calls for a some years.We haven't put any top end items to the home.

Common items to include?

Once you load in a template, you should review our pricing, talk to your local contractors and and pick out the specific materials you are going to be using.For example, our templates list a "vanity" as a line item and include $150 for labor, and $500 for material. 

How bad were the large items that might need to be repaired in the future (roof, furnace, sewer line, etc).

Need to provide esq. with list of items we want included in a shared maintenance agreement.

If you said that the property is in another state, then I'm assuming you may have to catch a flight, rent-a-car, food, etc....which will easily cost you more money than just hiring an inspector outright.