MOLD: You must take steps to limit the growth of mold in your apartment.

Many places require negligence for liability.

Personally I push for at least $1MM liability coverage.

Often when new investors are excited to scale, especially with limited funds, they start looking into to getting a third on seller finance or sub to, but the first two properties have repairs coming and all you do is add a third property that needs repairs to your portfolio.This - "investing with limited funds (like distressed property flips)" - is an oxymoron.

Alternatively, there is a fairly limited supply of people needing laundromats, hence the reason you don't see them everywhere.  

DFW AirBnB is getting expensive to operate and find good deals due to all the HOA regulations that are being implemented..If the property won't cash flow in LTR, then your option is limited to listing it, but I don't exactly know without looking at the numbers, as you can figure out some month to month strategy to lease the unit for a while.One thing that I always tell my clients is that when you are doing AirBnB or any STR/MTR, you are entering into the hospitality industry.

My limited experience is that anything except the Bronx seems not a bargain.

Short-term rentals require adherence to specific ordinances, and forming an LLC offers liability protection but incurs California’s annual franchise tax.

There is a definite liability to being a "GC" of the project, vs the I didn't realize, my contractor didn't tell me I thought they did it ... for minor things

Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.