Your numbers are close and assume no more work is needed than the big ticket items you mentioned. 

They usually cherry-pick fire and safety related items from new editions of the building code that just can't wait, in their opinion.

I always make sure that the properties are cash flow positive, but the large bulk of the money I make from them is from the other items (appreciation, debt paydown, tax benefits, etc). 

I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.

I didn't see a budget line item for furnishings, interior design, and amenities.

in our area that is a real big deal.. we did another demo and left a few pieces of flooring an inspector came on our job determined they had asbestos in them and we violated taking asbestos items to the regular land fill.. that cost me 19k in fines and 18k in lawyer fees to keep the fines from being really big..

If you’re into management sims, it’s worth a shot, especially on sale.On a side note, if you’re into trading or selling in other games, platforms like here can be great for managing in-game items or cashing out from games like CS2.

2 - What RE Market data3 - What Demographics4 - This is an after purchase, not a before purchase item.

This is a national item.

No, you cannot "write off a new truck every 3 years" as those YouTube professors suggest.Prepay or delay personal itemized deductions.