What I recommend is that you find out what approximate costs are for big things like roof repairs; cabinet, and countertop replacements for kitchens; new appliances for a kitchen (dishwasher, fridge, stove); new laminate by square foot, new hard wood by square foot, carpeting, tile; new light fixtures; new door hardware, plumbing hardware; new doors, for front doors and interior doors; interior and exterior paint, by square foot usually I believe; retiling a shower, new sink, new toilet; new HVAC; new windows (per window);Then take all of this info (and don't forget to include the installation/labor costs, because a buyer won't be happy and will lower his/her opinion of your business and abilities if you don't include actual costs.

Basically a bigger version of posting "pick this old but functional fridge up from my garage, and it's yours for free" on craigslist. 

Here in the DFW area we include in our lease agreements that tenants do their own lawn maintenance, pay their own utilities, and provide their own fridge, washer, and dryer.

I do SFR only, as my rents are about 70-80% of a worn out duplex at the same price, tenant feel more at home, stay longer, and take better care of the places in general, I know thats not always the case, but by and large, thats been my experience, Rehb then with the least CapEx going forward, make them warm welcoming and reduce the stuff that is likely to break, for example, I pull any fans and put in new light fixtures, with LED Bulbs, I use Luxury Vinyl flooring throughout (no carpet) I replace faucets, and mixer valves(at least cartridges) and replace toilets, or at minimum fill valves and flappers, we also put in new switches and receptacles, we never do fridges with water and Ice, my tenants love their homes, they are clean fresh and comfortable. 

Washers dryers, fridge stove microwave, toaster oven, coffee maker, pots and pans, dishes and all utensils, bedroom suites, sofas and recliners, end tables, coffee tables, night stands, old style televisions, gas and charcoal grills, the list goes on.What I buy new: linens, towels, pillows, HDTVs.My STRs are for short term working people at a refinery.

You could tell her since the fridge wasn't out before closing, and hers was broke, you assumed she's found some alternative, and had decided to leave this one behind.

Install all new kitchen: cabs (very small amt cabs), appliances, (no dishwasher), above stove microwave, new garbage disposal, Fridge with ice maker hook up, electric stove, sink/faucet. 13.

Hi everyone.Do you replace appliances (e.g. fridge, dishwasher, washing machine, etc.) only when they break, or replace them anyway after a certain number of years?

@Richard Stover yes sir, I’m working with a PM and they suggested fridge, oven, blinds etc.

I added a fridge/microwave so it has a wet bar kitchen.