Reserves: Savings account that I place reserves for maintenance, Capex, vacancy, etc.

And pool maintenance can be tricky; it’s attractive to renters but requires diligent care.Are you planning to manage bookings yourself, or are you considering a property management company?

Also, review utility bills, insurance policies, maintenance invoices, and property tax records to cross-check reported expenses.

One example:https://www.ahs.com/home-matters/repair-maintenance/diy-tips...

We're currently paying for lawn care, snow removal and cleaning services + husband is doing some of their home maintenance himself.

First, create a Post-Closing Occupancy Agreement that clearly states when the seller needs to move out, any rent or fees they'll need to pay during their stay, and what their responsibilities are regarding utilities and maintenance.

I’ve seen investors spread too thin by picking up multiple inexpensive properties in less desirable neighborhoods, only to be hit with constant maintenance issues and tenant turnover.That said, there are still opportunities in the Midwest where you can find properties in stable, growing areas.

This plan hedges the downside if an exit is not possible within the anticipated timeline, but may cost a lot for yield maintenance to get out of a loan in 3 years.  

A good agent knows the market and provides analysis with rental comps, sales comps, projected maintenance expenses, projected CapEx...

Being harder on the property means more intensive repairs & maintenance, particularly on a unit turn.3) If your focus is just cashflow, this may be a good strategy because the tenants tend to stay longer and the rent is backed by the government.