If you dont have the issue on your list add it.  

Here there is a 25 GPG hardness and .2-.8PPM (not sure specifically what my rental has), which leads to buildup and rust, in addition, there has been a history of too high magnesium which caused an advisory from the city itself about potentially unsafe levels of magnesium. 

So those could meet your needs without you having to do any of the management or additional expenses for repairs.

Higher taxes can eat into your profit, so do your homework upfront.Financing options.

The addition of a private balcony and standout interior design further elevated its appeal to both short-term and long-term tenants.

Determine how much money would be needed to handle each risk, and determine if you have sufficient liquidity / cash flow to ensure you can “stay in the game”.This is of course in addition to all normal “due diligence”, financial forecasting, etc. 

In addition, if you are buying in a remote market its appropriate to budget another 10% for property management.

You might also consider forming an LLC to manage the property-related business activities while holding the property in your name to stay within your lender’s requirements.Explore safer rental strategies: If you’re open to short-term rentals, Airbnb’s Host Guarantee provides additional liability coverage, which may offer peace of mind while keeping the property in your name.

Additionally you have to be ok with not disclosing your true intentions as for the use of the information.

The farm is also permitted under the "dude ranch" CUP to build additional cabins or smaller buildings to use as short term rentals, or worker housing, or other options.