For example, making an owner aware that they will likely need to replace the hot water tank or the roof within the next 12 months if they're in visibly bad shape.

Mostly because we have to add roof dormers and also for the expense of running the plumbing.

This would be both a risk mitigation strategy as well as a bite size learning opportunity as I intent to manage close to all aspects of these for at least the short term (want to be an expert in the day-to-day operations before hiring this work out). 

@Jaekwan LeeA house hacking inspection checks for structural integrity, roof condition, plumbing, electrical issues, HVAC systems, windows, insulation, base and attic damage, unit conditions, and code compliance.

For example, I know many people who have bought a house in Ewing for $200k and it's renting for $4000+ a month and this person has put maybe $50k into it over a couple years including a new roof, updated cosmetics, and was able to BRRR out all the money.

The mortgage aspect was solved by taking out a $300K (both partner and I are on the note which keeps things at 50%. 

However, we faced a few unexpected challenges:A hailstorm damaged the roof while the property was under contract.The main water line to the property failed.

Before or after accepting:- Lower the sales price  or lower the sales price AND lower seller credit (only do this if you are confident in the sale)- find a value add opportunity (I've had situation where we put new roof on and split the cost 50/50 with the buyer via credits to up the home's value to meet appraised value).

Plus all the necessary stuff, like plumbing and electrical, roof and gutters, all the things that a 100 yr old house is likely to need, unless recently handled.  

They need to understand that they will be taking over responsibility for making mortgage payments while the loan remains in your name.Legal and Ethical Considerations: Ensure that all aspects of the transaction comply with local laws and regulations regarding real estate transactions and disclosures.