We haven't discussed numbers at all other than repair costs.

Hey Jimmy, Thank you for the post.Excuse me if i'm wrong, did you mean to assume no down payment, closing, repair costs, and also ARV equivalent to purchase? 

When you do your renewal, I think it would be worthwhile to review the important points you want to get across: no pets, no smoking, pay rent on time or consequences would be X, take good care of the house, you will respond in x amount of time for repair requests.

.), how can I quantify the amount of repairs the house is going to require (I have an idea of the ARV by looking at comps in the area, but I wouldn't know what to offer because I haven't seen the inside of the house and don't know the repairs required), and any other advice that you may have.

I don't do regular checks mid lease, usually I am there once a year for repairs and I do a walk through then.When they notify me they are not renewing I do my walk through as I am showing the unit to new tenants and have a conversation with them about what they need to do to get their SD back 

If there is fire, smoke, water, or storm damage to the unit  and they are forced to move out while repairs are being made - the Renters policy will pay a set amount of money towards their temporary residence (hotel) until they can find a more permanent place to live or you are ready to have them move back in.

See if one of them would go with you to the property to assess the work and how much it would cost to repair the house and capitalize on the "forced appreciation".Or, you can perform "sweat equity"...doing some of the work yourself if you have some experience with renovating and repairing property.Also, be sure to soak up the free knowledge here. 

I'm trying to put together some estimates for a repair sheet.

I can't imagine there are any major repairs on it since it's so new.

A lot of PM’s will draw you in with a very competitive rate and then make their money back surcharging on repairs.