If you did an inspection on it, some of those should have come out but you should look at the bigger items (roof, furnace, flooring, bathroom, kitchen) and see if those are in fair condition, at least to get you started.

My partner and I are planning to very thoroughly review all items in need of repair.

other items then in the closets in the rooms... 

Are there any items within the home that you'd suggest we provide that may be specific to a lake home? 

I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.

Additionally under their maintenance portion:Owner is to pay Manager’s maintenance division $50/hr and $80/hr for HVAC plus 110% of purchased items or 110% of independent contractors fees for these services, repairs, and improvement from OWNER’S funds.I was mainly taken aback by the hourly rate of the maintenance division, the management company keeping all the late and additional fees, and the “110% of purchased items” portions of the contract.

Even if tenants owe CAM paying big ticket items you generally have to spread out over long periods of time.Do you have business sales numbers for the tenants ??

I have various "collectible" items that probably won't amount to much including a complete copy of the Stars and Stripes newspaper released the day WWII ended.Cash - I am always building up a reserve of cash.  

[Define the specifics about the item behind the intent listing all pertinent variations of the item or supporting material.

Some crews will charge by item: wall scrubbing $xx, fridge $xx, stove $xx, blinds $xx etc.