Keep a keen eye on economic indicators, employment rates, and local development plans to gauge the overall health of the market.Maintenance Costs Can Sneak Up On You: It is easy to factor in property taxes, insurance, and regular maintenance, but unexpected repair costs can throw a wrench into your financial plans.

i want to buy a another 2 family, but not house hack.. the electrical component won't come until November 2024 and then I still have to split other utilities should I wait till that project's done?

If you want to stay in the active real estate game but not wanting to buy right away you could 1031 into specific DSTs that have a 721UpReit OPTIONAL component.

Second, for each of the 25 major components, I added a section on how to inspect each component, what to look for, and how to decide if something should be added to the SOW or not for that component. 

Anyone out there create a spreadsheet or a template around J Scott's 25 components of a rehab from the book, "The book on Estimating Rehab Costs"?

From what I understand, equity on a property is the amount of money a property is worth minus the amount of money owed on the mortgage on the property.At least one article has said that the principal remaining on the mortgage is the only component of the mortgage that is accounted for when determining the amount of money owed on the property’s mortgage when calculating the equity one has on a property.I am not sold on just factoring a mortgage’s principal into the amount owed on a mortgage because if interest is also owed on the mortgage for the property, the interest should be accounted for in determining the amount of money owed on a mortgage, correct?

Barring an unexpected flood of housing being brought to market, I do not see a scenario where supply and demand will balance out.

Also, were there any unexpected problems or issues you wish you could have avoided?

Alternatively, I could maybe outsource just the liability component and still save a ton on premiums.10k deductibles are not usually an option.

General rule is that you may get some things like improved general software interfaces, more experienced professionals (some people get REALLY specialized in certain topics, it's crazy to see sometimes) Also, the option that if you do have something unexpected come up, they might have more staff capable of handling it so you wouldn't have to move around at all.