We extended the due diligence period to take care of these items and are now looking at an early June closing date.

If you do not see HVAC permits, roofing permits, or plumbing permits, this could indicate those homes that will need these items, within a few years.

I like that both are old enough to likely have max value lost, but not so old as to be likely to have a ton of unexpected items. 

.- Gross Personal Use Area (Master Bedroom, Master Bathroom, Master Closet): 685 sq. ft.Based on the numbers above, what percentage for deductions should I be using on items bought for the common areas that everyone uses (sofa, refrigerator, washer and dryer, etc.)? 

There is still is stuff like clogged toilets, random leaks, etc. that happen even outside of long term cap/ex items.

It's pricey depending on how many units you own.Wondering if the access to all the forms and notices are worth the money as a lot of these items can be found with a casual google search these days anyways

The summation of these items can be deducted from your stabilized value estimate to give you an idea of what the "as is" value is with some vacancy. 

I got my list of items that the property manager recommends repairing today.

Items missed: ADU cannot be STR in most jurisdictions, no vacancy, no cap expense, no management fee (include it even if self managed because it is work), 3% maintenance ($420) may be a little light for 3 units in San Fran labor rates, my pro forma is currently showing 0% appreciation in the short term due to recent rate increase.  

This way, you can rent and see what kinda pricing / rents you get during summer and then go about revamping the remaining items / flooring etc and other rooms in fall - slow season.All the best!