If big ticket items were replaced recently, you will have less CAP EX costs upfront.

They are grateful for a landlord who is taking care of business, and know that the attention to detail, or even larger items comes at a price.Thanks again!

Vacancy isn't something that's deductible in the sense that it's a line item on schedule e-it comes in the form of less rental income.

Shop around, learn the price per SF of each material or price of each item.

One big ticket item is the hvac, will the existing support this or would have to add an independent system for this unit. 

In the (initial review period of the LOI about 14 days) I look at leases and other items within about a week or less period.

Hello,When reviewing expenses to my multifamily properties, there seems to be 2 types - maintenance/repair items and capital expenses.

As your portfolio gets larger, the cash flow from rent can also serve as a cushion for expenses you might categorize as CapEx, too.You should have an idea of the life expectancy of the items that money is reserved for.

Lou,My numbers are below, and come with the following disclaimers:Ignore returns % (They aren't programmed correctly)30 yr am and 5% (might be long & light)I forced 15% of and on my investment as a return (I usually do 10% each)8% Management (I dropped this from my usual 10%)7% Vacancy (I dropped this from my usual 10%)7% Reserves (I dropped this from my usual 10%)The Management, Vacancy and Reserves are ON TOP of the seller's numbers, which include those items in their expenses.With my model, I look for positive cash flow after it's all said and done... and this property does that, albeit at slightly lower Return/M/V/R than I like... but it looks like it could be a winner if the numbers hold.

What other Capex type items aside from the roof?