The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

That might be a more accurate reflection of reality as well as enhance your returns. - Homeowner's insurance looks about right to me, but you can always get a quote to confirm. 

you have, can it be done, then reality.. 

In reality, each of these houses have several “time bombs” just waiting to go off, namely roof & HVAC replacement.

If you want to nit-pick reality, I guess I could get on-board… but the general concept is that you make allowances for the things you are talking about.  

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The reality is, (and I say this solely from personal experience...not from any point of real estate advice to tell you what you should do lol) most sellers don't care what type of financing you use, even if you change from cash to financing, as long as you successfully close on time.

@Tonia Butler Kinsey what your agent said is technically true, but the reality is it could get very expensive for you.Tenant could stop paying rent, and you take them to court. 

Let's be realistic, scaling in a house hack fashion doesn't happen in today's world like the pre-Covid era. 5 MFs in 5yrs with just $25k to work with is a false reality.

Knowing which neighborhoods are better to invest in than others and developing a sense for what to expect investing here. 1st stop reading books, they are not reality. 2nd all you need is a team in place.