I have included some of these items already but not others, so I will add them to the underwriting calc.

At each step you find your lacking some info to complete it, GREAT, that's your primary action item #1, finding and obtaining that information.

So they're not going to be able to help with walking reviewers through items if there's confusion.

And there is more than just rental license that you need - several items you MUST provide to tenant and take care of to avoid additional problems.

Two quick tips: start with your local housing authority’s landlord page to learn inspection standards and rent limits, and talk to two experienced PMs who manage voucher tenants to get real timelines, pass/fail items, and lease nuances.Which market are you targeting, and do you already have a housing authority or PM in mind to call this week?

Reserves for capital improvements are normally 10% but it really depends on the life expectancy of those items for any given property.

Potentially I get the appreciation (look at Item (h.) below)e.

and give you DETAILED Rehab bids, preferrably with a line item amount for each tasks and labor & materials broken out separately.Pick a property that goes a little beyond what your target rehab is, so you learn a bit more.In addition to your Scope Of Work (SOW), ask each contractor for their input on what they see needs to be done.

What's going on with the individual line item operating expenses? 

Rehab is always tracked as its own cost centerLabor, materials, subcontractors, permits, all separate line items.