Typical reserves calculation

[Ryan Reddi]

Newcomer in the investment world, I apologize if this question seems straightforward and may have already been addressed elsewhere in this forum.

I'm currently contemplating the purchase of a newly constructed property and attempting to assess significant future expenses. I've been informed by builders that they provide a full warranty for the first year, followed by a warranty for major items for the next 2-3 years. However, I'm uncertain about the practical aspects of how these warranties function in case of issues.  I'm curious to know how much you would recommend setting aside for the following:

1. Regular wear and tear
2. Capital Expenditures (such as HVAC, etc.)

Will it differ between SFR & MFH?

My anticipated holding period for this investment is over 10 years.