You should figure out how much it cost to replace each component of a house in your area using builder grade material and the lifespan of each component.

I'm glad you were able to recover some of your losses, but it does remind me that the contract dissolution component is just as important as the daily operations component.

The product has a builders risk or rehab component built into it. 

Doing a large value-add component where you recoup all/most of your cash to offset cash-on-cash return of minimal cash flow.

While away for a month I shut down the ice maker & it froze the ice cube eject components causing a failure. $100 Repair clinic part & it was fixed. 

In case you are eligible for the Solo 401k, here are some of the benefits it would offer compared to a self-directed IRA:Solo 401k contributions limits are roughly ten times higher than IRA limitsThere is no custodial requirement for the 401kYou don't need the additional expense and administration of an LLC to have checkbook controlThere is a built in-Roth component whereas IRAs are either traditional or Roth, not bothA spouse can also participate in the same Solo 401k planThe Solo 401k has additional tax benefits over an IRA when investing into real estate using leverageThe penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

A couple of big missing components from your list include an insurance broker and a lender/mortgage broker.

Of course, upgrading to higher end materials/shingles will throw that component out of balance. 

A lot of people add fear is a huge component onto why you’ll hurt to lose some money.

But didn't expected to find all other important components near the end of their life as well.