I was wondering if anyone had a checklist or tool that they used to get a rough estimate for repairs?

.$2,000 to make Ready Home (750 sq foot, 1 story home) ________________________________$95.00 - Landscaping / Clean Out Flowerbeds$150 - Exterior Painting$150 - Landscaping / Tree Shrubs$250 - Haul Off (Limbs, Tires, Furniture)$225 - Full House Cleaning (One Story)$495 - Wall and ceiling repairs/Paint Touch up the house from nail holes and scuff marks Seal the joints in the bathroom Walls, trim, and doors touch up Seal above the kitchen cabinetsThis all seems excessively high to me... isnt this $15/hour work with a handyman?

Is it possible for them to get some sort of concession for having to miss work in order for landlord to get the repair done?

Then you need to put $200,000 of repairs, so subtract 200,000 from 420,000 and you get $220,000.This is the max amount you could offer on the property to get your cash back out, and you're not even factoring in closing costs and holding costs.

BiggerPockets' rental calculator indicates it should cashflow $7500 per month after all expenses (including HST on short-term rental income) are input, assuming 3% vacancy; 4% repairs; 5% CapEx; 8% management and assuming appreciation merely keeps pace with inflation.  

Say you take 50k more for repairs on your new home, that’s only $250/mo more.

This is especially true, since you can potentially have 3 tenant turnovers a year and will need to do some sort of make-ready repairs at each of those timesMissing vacancy - you're assuming that you'll have to problem renting the property out every semester/summer.

In general the property is well kept and it would be move in ready with just some minor repairs.

You easily could have had wind blow off shingles and it cost $500 to repair, you wouldn't charge the tenant.

You should determine the monthly cost for property taxes, insurance, repairs/maint, capex & maybe vacancy.