If you can acquire a home warranty to cover major items that could insulate you.  

If the property is new or recently upgraded, that is, roof, HVAC, plumbing, electrical, the BIG cost items then number 1 is good. 

@Elizabeth GomezHaving an LLC without a business leaves no benefit.Having an LLC doesn't necessarily just make things like cell phone bill, gas deductible.Once you have a rental that is placed in service - you can benefit from being able to deduct items that relate to that business.

I would love some input on other DD items we haven't accounted for and other things to consider.  60 days is an aggressive due diligence schedule, so we'll need to hustle; county backlogs may not be our friend, so if we get into significant delays, we might have to ask for an extension.

Although it states in their lease we charge hourly and per item cleanup.

Learned on items to look for as well for that area)                        B) more than ever want to go the sfh (or duplex way) no more condos like I do in Chicago.  

Buy and hold investor that's finally beginning to make progress with real estate after years of military moves with buy and holds.

I had an idea of buying a real fixer-upper that would need most of those items installed, updated or replaced. 

I would recommend having enough for one large item +.

I could quite easily put together a scope of work detailed down to the item numbers of the cabinet boxes and light fixtures.