Hey guys,My wife and I recently took over the property management of our investment property and wanted feedback on what items we should write into our lease to best protect our interests.  

Personally, I have a master where every item is broken down into the 16 CSI Master Format divisions where I listed, down to the nails specs, every item you could ever need, and I sourced the prices from hardware stores and specialty stores.Then I had tables for items like: "wall framing" where I included all needed items from the first sheet leaving the qty at some nominal number like 10 feet.

I already have received pre-approval for funding from a bank, but what other items can I knock out to make closing in the future easier?

You'll have to decide how to choose from qualified applicants- I used to go with first to qualify and submit a holding deposit would get the apartment, now I have a list of items to rank them on.  

This is line item adjustment as per date of closing.Then date of Ownership you:Deliver to tenants a letter, that states their  leases transferred  to you, You would like to have them give you Include your new emergency contact information and ask them to provide the same for you within 3 days, in a form you include with that letter.

Roof, siding, windows, A/C... if those higher runner capex items are > 5 years out, that's a plus.

What do you expect your maintenance rate to do as your portfolio ages and capex items need repair or replacement?

So you will need to check ALL CapEx items to see when/if they have ever been replaced.  

There were several small items, but the big one was the sale of my primary residence.

Also, one other quick item...the grants that are out there are generally for state and local governments.