Will you be required to inject capital if they need it to repair roofs / foundations / plumbing / etc. 

Seems like this problem is from all aspects and not just one real estate strategy.  

You want every single nook and cranny of the basement, as much of the roof line as can be seen, the entire property lines and grounds, the road in front and neighboring 8 houses.

BP fam what are your thoughts on my scenario -- I bought my primary home for $335k 2 years ago and have put about 40k in upgrades (new double paned windows, new foundation, new metal roof, rain gutters).

You buy at a small price thinking high cash flow yield but then do not factor to renew tenant will likely want new roof, parking lot, etc. at hundreds of thousands of cost.

If you don't have a primary residence yet, I would highly recommend house hacking first.This is a great strategy to use low money down, get into an investment property, have a roof over your head and still keep a large portion of that inheritance. 

Hi John - We do have one property that will not be profitable or just about break even in 2024 due to all the unforeseen maintenance items:  pool heater, roof, pool fence, handy man over a dozen times, remodeling took 3 months instead of 3 weeks, etc. 

Total renovation roof to basement. 100% occupied section 8 rentals from two local agencies.

I am going to go and try and look at it tomorrow, peek in the windows, look at the roof. 

I've been reading a lot of threads on here pertaining to which property management software works best, but so far my understanding is that both of the above offer unique aspects that the other doesn't provide;  Would it make sense to use both?