From my experience (I could be wrong) there isn't a format but the estimate should list details like the materials to be ordered and the hours of labor needed for each repair project (for example the kitchen cabinet installation or exterior doors) along with a cost listed for each line item.

This is not only to make sure that people are taking care of the property, but this is also to make sure that tenants aren't overlooking issues that could be addressed now that cost way more later.These can be minor roof leaks, gutter leaks, mostly to do with water penetration.

No aware of anyone that has figured out how to stop it.So, you either sell or work the cost into your ROI.

They are now offering a damage protection plan  and  cancellation insurance with an additional optional fee cost to the guest.

It may not be here tomorrow, and taxes won't matter then.That said, if you're trying to estimate your future tax benefits, keep in mind these things:- depreciation is only applicable to rentals- depreciation starts when you place the property "in service," not when you buy it- depreciation increases your deductions and consequently your tax losses, but you may or may not be able to benefit from these losses, depending on your overall tax situation- if you do have room for additional depreciation, you may be able to amplify it with cost segregation (a separate topic) 

I honestly should have more money saved up considering my years of working full-time, however younger financial mistakes have been a painful lesson and I regret not purchasing a property sooner/younger.My most important and immediate goal right now is to purchase a property.I am in (what I perceive to be) a relatively high cost real estate area. 

I'm very very handy, jack of all trades if you will, so I can renovate properties without breaking the bank in labor costs.

If it is needed kindly let me the know the expected cost incurred for the inspection and also a good inspector contact?

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

We offer full-service management for a flat, monthly fee ($130/unit), plus 10% on any maintenance costs.