On the other hand, all of the analysis you put into evaluating the property may already include saving up for things like repairs or cap ex (I know cap ex is meant for big ticket items, but just saying).What would you do?

@Kyle J, I believe all you need is an addendum for each item  stating the change and have the tenants sign and date it.  

They deduct 10% a year from most appliances ($7,500 furnace, $2,500 AC) 15% from carpeting ($1,000).It is not unheard of for older homes to have an ACV for these items close to $0.

On the large-ticket items, a very valuable trip is going to see your local tool repair shop, and asking them for recommendations on brand, etc.  

,To expand a little on @John Errico's post, in most cases, a document or item you need - such as a transfer stamp, Certificate of Occupancy, etc. - is required in order for the closing to go forward.

Some stores offer service warranty for used items...it may only be like 1-3 mos service warranty.

If you have a deposit, itemize the repair costs and provide it to them as may be required by your local laws. 

(The $50/yr I mentioned in my original post included fees, interest, and other items that occur when you let your taxes go delinquent).  

The absence of any full time non-owner employees in any business that you own.These 2 items are the eligibility requirements for a Solo 401k.

The reason is the "basic" items of life (cell phone bills, cable, food, car payment, etc) typically have a floor (least amount) but dont have to increase just because the person make more money.