It's also bad for your reputation if you're running around town making $200,000 offers on homes and then after inspections trying to renegotiate to $170,000 because you didn't understand the cost of repainting the interior of the home or installing granite countertops before you made your offer. 

You can also take a bit more time and actually find out how much it would be to replace the floors, repaint, put in a new roof or whatever else you think the property needs.

Lead abatement requires a complete repainting (interior and exterior), removing certain items, and a window replacement.

I am not sure yet, but just repainting the cabinet and some flooring might be enough.About reaching out to local agents and PM, yes I think that is a must.Thanks for your honest down to earth advice! 

if it doesn't leak this time should I just go ahead and repaint the entire ceiling instead of replacing the dry wall?

Even when an Apt may need some renovations or re-painting, prospective tenants would either move in during that time so that I don't lose their rent, or were willing to accept the apt as is OR was fine with some of the renovations going on as the moved in.So if I put in a ZERO Vacancy in my Spreadsheet Analysis, it's because I priced the Rent for the target Investment Property below Market Rents.I don't really know Markets that have high Vacancies because I only buy in Brooklyn, so I cannot say even if you do advertise below Market Rents in those areas, you may not find suitable tenants because of issues that I do not experience in Brooklyn.

Bushes that looked fine 50 years ago are often past the point of saving and removing them, putting in a mulch bed and planting some new ones is an easy fix to an eyesore.2) Repainting the exterior. 

When my wife and I moved in we had both houses repainted.

He was not interested in purchasing it but was interested in telling me all the things that he thought were wrong with the property, including the color on the walls (just repainted) and the condition of the wood floors that had just been redone prior to placing it for rent.I'm a cranky old lady and I listened to this nonsense for a while for a while and finally asked him why he wanted me to call him.

Can I deduct the entire repaint cost?