That's what it always defaults to, but you can add anything you want to the HUD just by asking. unfortunately I don't have a picture of my last HUD n my work computer, but I can get you one if needed.

I know there are niche sites that cover some of these, but is there one master site that does the most? 

2 new bathroomsflooring throughoutpainting throughoutNew plumbing, likelylight fixtureswindowslandscapinggarage doorsinterior doors/trimExterior paintingGarage shingles (barely any pitch but still has shingles)Garage slab 1" crash down the middle.Misc framing, drywall repairs, backspalsh, etc.I will update the list as I am sure I am missing a few items and provide more pictures after the renovations are completed.My initial estimate was about 70k in repairs. 

Am I correct in assuming that another requirement is to have a certain amount of cash reserves saved up to cover any unexpected expenses?

I reached out to the agent for more pictures and a P&L.  

Judging by the pictures and price point, this is probably either a C or D neighborhood.

But high level:1) If the units rental income doesn't cover mortgage its not going into my buy/hold portfolio , I have a separate "appreciation" portfolio for that on (think San Francisco where CAP rates are 3-4 , but if you can wait out or turn low rent controlled tenants you can improve the building profile.) 2) I am currently looking for places in B- to A- areas.

We will raise 9 months of principle and interest reserves (along with the funds to close and Capex) but I want to have a clear picture of what each month will look like so we can plan for any weak spots up front.I am not an Excel wizard so if anyone has a tool they can share for this type of budgeting that would be spectacular. 

You might have noticed that people that have been successful with rental units in  houses have to own about 20 or 30 of them just to cover their monthly bills, then they might get some of the profit when they own 30 or 40 all at different addresses.With apartment complexes you might just have one address where you have many units. 

Landlords can report and send pictures of their regular or move out inspections to the housing.