I hope you enjoy it as much as my wife and I have for the past 20 years :)

If there’s an electrical issue, it’s typically up to the landlord to fix it.Heating and Cooling Systems: The landlord is responsible for maintaining and repairing any installed heating and cooling systems.Appliances: If the property comes with appliances, the landlord is responsible for repairing them if they break down.Safety Repairs: This includes things like smoke detectors, carbon monoxide detectors, and any other safety equipment the property might have.Remember, these responsibilities can sometimes vary based on the terms of your lease agreement, so it’s always a good idea to clarify these points with your tenants.

And, like in my case, there are some projects that I generally enjoy doing on a weekend and can save my jobs money.

And even in areas with no fire damage, you'll almost certainly need to replace the carpet, Kilz and paint the walls as the smoke smell won't come out otherwise. 

If living there is still on the table it sounds like a good option to stay and enjoy the position you're in, with a lower interest rate (depending how/when it will adjust), rather than entering this tough market with higher prices and rates, where buying a similar house will have a much higher monthly payment.

Additionally, installing a makeup air system along with a ducted vent hood seems impractical and costly.I've considered alternative options such as a recirculating vent hood, but I'm concerned about its effectiveness in removing grease and smoke. 

Why not just do the renovations yourself, and enjoy these losses generated? 

I especially enjoyed R.

Both arenas challenge us to see the world from new perspectives, assess risks smartly, and enjoy the journey as much as the destination.

This further ensures that the borrower will be able to enjoy positive cash flow on the property sooner.