+$100   General Repairs Budget Line Item +/- 5%?  

Especially with smaller items like faucets, don't hesitate to do things that make your life easier and their experience better.

Sound like you have done most of the items.  

I found this property advertised on Craigslist for $10,000 and after reaching out to the nice gentlemen in south Florida that explained that he was helping a friend at a charity that received the property by donation, I thought this has to be legitimate…..

In regards to maintenance, when I bought my first property in this market I reached out to several trade businesses and explained my plan in the market and what my expectation would be if I used them, they were very appreciative as no one had ever done that, so as items come up I reach out to these places based on my need and they have been very responsive and eager to grow the relationship.  

That way when those big ticket items hit you, the money is there and magically funded by those tenants and NOT you :)   Great post! 

Our only limitation is the line item limiting a single expenditure to an amount specified, which we recommend to be $1000 - $1500, (with the cost to replace a water heater as baseline recommendation) again depending on our initial assessment of the property condition.

Garage door openers are a common repair item.

You'll also use these visits to understand rehab items and the associate costs. 

If after figuring for all those items make sure you are comfortable with the monthly situation regarding the payment.