A friend recently had their roof replaced, so I will ask who they used and report back.

Asking price is $440K you show $380 and an ARV AT $425, do you feel these numbers in your report are strong?  

Santa Clara County (March 2016)All homes $855,000 +10.3% 1389 All used homes $980,000 +9.6% 870All condos $675,000 +21% 395Start with more affluent neighborhoods with top schools.Palo Alto $2,472,000 +.09% 26Palo Alto(306) $2,160,000 -13.02% 21 Los Altos $2,640,000 +4.5% 28Los Alto Hills $4,050,000 -5.7% 7 Cupertino $1,590,000 +0.5% 3195129 $1,392,000 -0.2% 2194087 $1,600,000 +6.5% 3195130 $1,303,000 +24% 21Saratoga $2,015,000 -10.3% 27 Los Gatos(032) $1,605,000 +3.5% 27 94040 $1,511,660 +11.2% 1494041 $1,535,000 -7.5% 7 94043 $1,280,000 +4.9% 36 94085 $1,130,000 +29.1% 1394086 $1,112,000 +6.2% 3794089 $1,082,000 +23.2% 11 95050 $856,000 +20.5% 2095051 $972,000 +17.8% 5395054 $951,000 +10.6% 2095008 $1,010,000 +13.1% 31 95120 $1,460,000 +12.7% 31 Central San Jose The following is in line with earlier report where the housing is so high, affordability is an issue home buyers need to move further away and currently Central San Jose enjoyed being one of the most desirable neighborhoods.95117 $1,062,000 +26.4% 1695124 $1,010,000 +7.2% 4795125 $ 998,000 -.02% 7095126 $754,000 +17.6% 2295128 $828,000 +10% 25North San Jose and Milpitas95131 $831,500 +12.4% 4095132 $842,500 +12.3% 2695133 $692,000 +2.2% 2295035 $795,000 +4.9% 55 Refer to North San Jose home prices 2016 Downtown or near San Jose town center95110 $492,500 -4.4% 2495111 $575,000 +3.6% 24 95112 $617,000 +2.8% 2995116 $477,250 +12% 24 95122 $477,500 +10.6% 28 Refer to San Jose downtown home prices 2016 Q1Evergreen neighborhood ( San Jose)95121 $757,000 +19.5% 2695148 $755,000 +5.6% 3395135 $1,120,000 +4.7% 2595138 $1,272,000 +7.8% 21South San Jose neighborhoods95136 $727,500 +4.1% 3495123 $743,000 +16.1% 5395119 $775,000 +5% 1495139 $726,666 +7.8% 4 As people can not find quality homes they go further to South Santa Clara County.

They won't be there to help you with your acct or tax reporting.  

My friend's property management business just started using Leadsimple, which is new, but the tracking & reporting is great so far.  

He reported about $5000 for HVAC (Heating, Ventilation and AC); Doesn't San Antonio get above 100 degrees? 

Did the engineer report raise any red flags?

Meanwhile polish those credit reports and sock all you can into a savings account and do not draw from it. 

Some examples of improvements include: a new deck, storm windows/doors, wall-to-wall carpeting, duct work, and insulationHere is link to a great forum discussion regarding this topic of Cap Ex vs Expenses: https://www.biggerpockets.com/forums/51/topics/70013-techniques-to-report-capital-improvements-as-repairs

I was able to negotiate all of them from the credit report.