I buy supplies, and keep up with pricing, do repairs, except for electrical, plumbing and A/C.

Part of being a landlord gives you the power to help people who need a break so it's in your hands to look at the record and say, that was a long time ago, now he has a good business.

Assets identified in this study include:Bathroom Fixtures: Bathtubs, vanities, showers and toiletsStructural Components: Drywall, wood framing and interior partitionsBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileSmoke detectorsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

My vote is to repair, repair, repair.Water damage can lead to significant problems, from blistering / peeling paint to ceilings collapsing and electrical shorts.

Hey Biggerpockets fam, first time homebuyer here I would like some opinions on if buying a house at almost your max buying power is to risky. 

Renters handle the electrical and water, and manage the lawn.  

Utilities start-up feesSevier County Electric will charge you a deposit.

I have a BS in Electrical Engineering from the University of Arizona and spent 4 years in the military prior to that.

Tenants pay heat, electric.

The best house hack deals come from those who add rooms to the property but it sound like that maybe a bit out of your wheelhouse.Make sure living in the trailer is something allowed by the powers that be.