Or we don't need to do any cleaning, just have them swap personal items, and sign a lease amendment to say the new tenant will be responsible for the rent and damage.

@Mike Simon, with the commercial space, who is responsible for the equipment (specifically restaurant spaces and their fixture items)?  

But does anyone have any data or research that shows the average percentage of increase per renovation item.

Also, I need to get more details regarding electrical, plumbing, along with any other potential cap ex items looming.  

Do I subcontract out all the individual skills or try to find a handyman that can accomplish a wider array of items (like outlets, lighting fixtures, exhaust fans, LVP flooring, etc.) and then hire subs for specialty items (roof, siding repair, painters, etc.)?

Investment has been made to address deferred maintenance items with the objective of refinancing our acquisition loan with non-recourse agency debt once the value-add process is complete, returning a significant portion of LP capital to our investors.

I don't know condition of property, but a turn over will likely cost $1500 for wear and tear items.  

Would that work best in a conventional or traditional loan?

Any feedback or items I haven't thought about would be much appreciated. best,Bradley

That is a good point of non-compliance with various other items, especially since they asked for the fine to be taken from their deposit when they move out.