I would also mention to consider flood insurance as that is a speed bump I have recently encountered being on a canal.

We don't actively solicit Realtors but if we encounter an open minded Realtor it can be a great fit.  

@Karen Margraveyour post about the surprises a rehabber can encounter goes back to the threads in this forum on the critical importance of sponsor experience.

Any words of wisdom or prior experiences that you've encountered that could be beneficial is much appreciated.Thanks in advance!

I am worried about the tenant’s privacy and mine and some of the problems I might encounter living close quarters.

Are there any other hidden/unknown taxes I will encounter?

Yes, we will encounter some investors who do not want to mentor and create competition, and would not rather mentor, just based on this alone, and I can respect them for this!

What was discovered is if you make a product and then make a "mystique" about the product with a huge price-sticker people will be fooled.

There is a bunch of those ads on craigslist and all of them that I've encountered are from Nouveau Riche so I would avoid them at all cost.And Nouveau Riche isn't an investor college they are a MLM scam in the worst possible way.

Do him a favor and call the city inspector and let them know you were forced to vacate due to exactly what you encountered,, and if you took photos of the stuff send it to him in an email.