I feel the same way with extended appliance warranties and things of the like.

This is a really nice home, granite counters, newer appliances, newer kitchen, etc. 

It also looks like you will need appliances etc.One the difficulties in helping with estimating rehab costs, is its tough to know what your scope is, and what you are willing/able to do.

Rather than repair I purchase all my appliances used.

I know this does not meet the 1% rule but are there exceptions for new properties since there's nothing to repair, appliances have 2 year warranty, roof have ten year warranties, etc.

I'm paying $100 more a month, but I got these new appliances-or countertops, or tile in the bathroom, etc.

I plan on obviously visiting the property and doing as much publicly available research as possible (permits pulled, work done, zoning issues, etc) My purchase price will be somewhere between $50k-80k which is a considerably good foreclosure in my area and a 25-30% buffer I figure would be enough to cover major purchases if needed, plumbing, electrical work, appliances, landscaping and cosmetics.3.

I then add up all of the costs of all the things that will need to be replaced and/or repair in 10 years (roof, heating system,appliances, etc.), add some padding to it like an extra $20k or so and then divide by 10 to get the Annual CapEx.

The advantage to this is time and it shows the contractors you are looking for a competitive bid. also by having your appliance, lights and plumbing fixture needs in place this will give you a more accurate bid and not an allowance which will always be low.At this time collect their references, then call the references.

Same for HVAC, water heaters, paint, appliances, etc, etc.