Scope creep is a huge problem and the more you learn up about the project up front, the easier it is to figure out what actually needs to be done and avoid surprises (or pass on deals that need more than you initially think): https://www.biggerpockets.com/blog/due-diligence-ultimate-gu...I highly recommend building a contingency (I do 20%) into your rehab budgets for unexpected issues.

I feel like every project has its curveballs, and sometimes it’s the unexpected stuff that teaches us the most.

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.

Some places you will have turnover, bad tenants and have unexpected expenses. $900 seems low for a 3/1 so I think that can be pushed up. 

From my experience, many investors prefer to stay hands-off and avoid the day-to-day operations—managing contractors, solving unexpected issues, or finding a replacement electrician.

I was holding approximately 20 of their properties at that time, so you can imagine that unexpectedly paying out 20 interest payments every month was impossible.   

(Be sure to factor in vacancy, PM fees, maintenance, etc in addition to PITI)•Do you have additional reserves to cover unexpected expenses like long than expected vacancies, high turnover costs, or major repairs (e.g., HVAC or roof replacements)?

That weird uncle everyone has will be glad to help take care of any family member disputes with unconventional methods, boating accidents, hunting accidents happen every day.

The push to have more than one CC if not I feel that they don't give 100% we accidently started with 2.

For reserves, you'll want 3-6 months of potential expenses saved (repairs, vacancies, unexpected costs).