I believe $1200 spread over 12 months for painting 2 rooms is a little high (i just paid $4k for painter to texture walls and paint (prime and paint) walls and ceilings in 1350’ unit), but not as outrageously high as some posts imply. 

If so, you should diversify into other markets so you can spread the risk out. 

Larger properties spread your risk.Be Ready for Some Sweat Equity: Many first-time house hackers underestimate this part, but putting in a little elbow grease can drastically improve your returns.

Obviously right now is a lower valuation, but there is always ways to take advantage of the currency spread. 

First, I would never try and provide tax advice to a seller, it will get you sued, especially to a 100 year old person.Regarding seller finance, since the amount is spread out over long term, they should check with their CPA on how they are or are not taxed on the gains as well as interest on the loan.

This is important if you have 4-5 people in the house as everyone needs a place to get away sometimes so the more they can spread out the better.6. 

Partnering with others can spread the financial risk, while seller financing may eliminate traditional down payments.

Using a loan lets you spread your money across more deals, scale faster, and potentially see bigger returns.

Spread your risk around because even your best due diligence won't eliminate all risks.

You learn about everything from calls, puts, naked puts, verticals, calendar spreads, diagonal spreads, iron condors, straddles, etc.