Money Pit Could Have Been Prevented?

[Stevie Kim]

I won't get into too many details since the list would be long, but in 2021 I bought a house in Tucson for a part-time escape from Washington state winters while Airbnb'ing it the rest of the time. The previous owners did a do-it-yourself remodel which had tons of red flags if I had taken the time to cross-reference the sellers disclosure with the inspection report, but at that time the market was hot and I had to move fast. Over the last 3 years there has been everything and anything that could go wrong with the house due to the remodel and because it was built in 1960. While many appliances and the A/C, water heater, etc were updated they didn't update plumbing or wiring. It's turned into a money pit, but at the same time it's on a beautiful .90 acres with a view of the mountains and a pool that I had remodeled. I definitely don't make any money off the place, but the airbnb rentals pay for maintenance and my gas driving to and from WA :-) 

Question: Have any of you missed some either obvious or not so obvious red flags that would have caused you to negotiate or walk away from the deal and if so what were they? I want to create a checklist for myself next time!