(give or take).Make sure you also factor in property management fees (even if doing it yourself), lawn care, snow removal, locksmithing after tenant move outs, landscaping and common area cleaning.  

This is true of light fixtures, countertops, cabinets, and the bushes in the landscaping, but only if you have a full inventory of all the assets in the property.  

Last year when going over everything with my accountant, we wrote off 50% of all expenses (new windows, some landscaping, etc.).  

I was a junior in a landscape architecture program, when I decided to take an intro course in real estate finance and development.

I would recommend doing some research on population and statistics to help.

Nonetheless, I would like to approach the bank with a lowball offer with an argument that if the property goes into the bank's REO portfolio, it will sit there for a long time because, statistically, fewer buyers will be willing to consider purchasing a murder house.  

Not a general state but a concentrated market where you can evaluate statistics, etc.Let me know if you have any questions.Regards,Joe Scorese

Smaller concerns (such as landscaping or accent work) get lost in the shuffle, and sometimes even big projects—like the granite countertops Laurie originally wanted—end up going a different direction entirely.

And lastly, like I mentioned above with regard to the NN, NNN concept, you can pass through so many costs to commercial tenants in addition to their significantly higher ppsf monthly rent (again, usually, most neighborhoods…not all), like cleaning services, landscaping, signage, utilities for common areas, insurance, taxes, even re-facing a parking lot or repairing side walks can often be passed through to the tenant through “CAM” fees.

Higher deposit, short term lease, and put a weekly cleaning service and landscape maintenance into the rent.