I also give them common examples of deductions that may occur due to ripping out floors for pet urine; trim/door damage; pet odors etc..

We may consider something else at some point, but for now that works well.We too have a few standard paint colors/sheens for exterior siding, exterior trim, interior walls, interior trim, interior ceilings.

I always have at least a $15k budget on our properties, there may be old asbestos siding in good shape but if it's ugly then we're going to paint it, if the porches on the front of the house are ugly, we're changing them, wrap the window trim in metal, throw a new roof on even if the current one isn't yet leaking, parge the foundation, replace the old cabinets, don't use $2/sqft laminate flooring, replace the dang trim if it's been painted over 100 times, remove the ugly wires from the outside of the house and have the cable company install new ones, fix the grading of the yard, trim trees, and repair sidewalks.

Have had one small piece of trim knocked loose, fridge door was ajar and had some ice build up, and the worst was someone broke the locking mechanism on a window.

If you need a ride to the airport, some bushes trimmed, sprinkler system installed, someone to meet interview potential tenants I want to be your guy! 

I laid new flooring, painted interior/ trim and re modeled the kitchen.

Sure, if the home has no integrity, just have all the original trim ripped off and cover it with vinyl.

Lots of deferred maintenance, not major things, but stained asphalt shingles, gutters need replaced, brick building need power washed, a couple of the fascia and soffit boards need replaced, all trim needs painting, ugly amateur ceiling repair where leak occurred, missing drop ceiling tiles in bathroom, no landscaping.

@Sergei ShevlyaginDoes it include doors, windows and trim as well as ceilings or just wallsIf it’s just walls that seems very high.

I usually get satin (for trim)  and semi-gloss for walls.