Agent will make there money and houses that are great shape make your job easier,clients will say you know what your doing and refer you to other buyers.

However from my research I've learned many investors suggest calling 3-5 contractors and requesting clear quotes. 3 people could give you a good expected range, however 5 may let you throw out the outliers at the top and bottom (really cheap), then choose from the rest after calling and checking references!

I refer to the lease for when I start charging late fees.

Reserves refers to extra money you have in the bank to make mortgage payments after your down payment and closing costs.This rainy day savings requirement varies by program, as well as your credit score, debt-to-income ratio and down payment.

@John Fitch hey John, if you are referring to the rehab timeline, that ended up taking over 3 months.

All 3 numbers in reference to a benchmark (their average), so you can see if your property performs below or above the benchmark.

Or does the table refer to the combination of my income of $65,000 + gains I realized on the sale of the rental property?

Are you referring to a 30k assignment fee? 

I cannot find the report you refer to, is it public?

The expenses I'm referring to are mileage, meals, etc.