Anything that seems too good to be true is, plain and simple.

With house hacking, there is a simple rule in my opinion: The more uncomfortable you're willing to live, the better the numbers can work, the more comfortable you need to live, the less the numbers will work. 

I've flipped about a dozen properties here in Chicago, and quite honestly, it felt like something different went wrong on each one of them.My biggest piece of advice is to KEEP IT SIMPLE starting out. 

They don't connect with a lot of apps and other vendors though, and their site and services are clunky. 

It's amazing anyone ever lost money investing in notes with such simple applicable ideas.

I’m benefiting from being really close to the site of the soon to be finished Obama library. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Be flexible and respectful to both the residents and to the employee of the company actually paying the bill.I know this sounds incredibly basic and simple, and it is.

Scour every home site available and even sites that are not know for home sales, but sales in general - you may be surprised.

Otherwise, you could also provide prevention recommendations somewhere on the lease that includes what you've mentioned above.Assuming you don't have a lawyer to help with your rental agreement you can find some sample clauses on a site such as Law Insider.