But yes, that would be hugely important to know if I would have to replace those big ticket items in the next couple of years!

You may be able to joint venture with other IRAs or other individuals as a couple other ideas. 

I think you've already received some great feedback from the likes of @James Wise and @Dorothy Butala, so I will try to keep my post short (not generally my strong suit).As has been pointed out, a couple of the assumptions in the original post may or may not be correct, depending on the turnkey provider you use.

I've seen  a couple articles online about people who have used Quicken Loans "rocket mortgage" and  suggest it is  very good for rates, customer service and being user friendly .Have you used Quicken Loans?

I would be interested in purchasing.Thank You for your Time and consideration.This has worked for me a couple different times. 

If you are doing it in excel - a receipt for $100 that consisted of $25 paint, $25 tools, $50 roof supplies.can be entered into excel like$25 paint$25 tools$50 roof suppliesAt the end of the year you can sum up all the costs by description and provide that to your accountant.A couple things to point outWhether you expense an item or capitalize it will depend on several factors such as if you are increasing the useful life of the item, making it ready for a different use or making it more efficient.

Older couple.

Let me comment on a couple of your points.Originally posted by @Jonathan Damon:Not to be a buzz kill but you are taking on a hard market with little or no experience.

For a couple - this number increases to 8 if husband-wife each own their independent properties w/o having each other's names on the title docs?

I'm considering trying some different things out in a couple rooms, possibly a bonus room, etc.