Commercial Property Previous Owner's P&L?

[David Taylor]

Hi BiggerPockets comrades! 

We are looking at a commercial property and recently got the previous owners last 3 years of P&L. They broke down the expense by category, but they immediately started annotating a number of other expenses they put towards this property that were for other properties. I.e repairs for one location but they wrote it off for this one; fuel and depreciation on vehicles; and subscriptions. 

As they got savvier the NOI decreased over the 3 years.

How do I best determine *my* anticipated expenses vs estimated income? 

Thanks! 

#cabin #vacation #rental #commercial