I recommend honing in on one specific strategy to get started and then go from there.

I suggest you find other sources of income or partner on deals to grow your real estate portfolio.  

If you’re unsure about which specific account to choose, ask a local CPA or banker, since every situation can vary.

Consult with a legal professional for guidance specific to your situation.

I'm eager to learn more about:Identifying undervalued properties: Are there any specific strategies or resources you recommend for finding deals below market value?

If these continual expenses are not made  you end up with slum properties renting for a minimum weekly rate to transients.I don’t know your properties so I can’t form a specific opinion; however, based on the information you’ve shared I trust your opinion and knowledge.  

Happy to answer any specific questions you have. 

@Kristin MathernI would pay it given no keys were provided, it wasn’t specifically addressed/mentioned in your lease, you were provided the opportunity to address/fix yourself with a 25-30 dollar replacement from Lowe’s/Home Depot, and lastly, it was an existing situation that could have been avoided/prevented at move in.

Specifically, what qualifies as "flooding" to be disclosed.

They were general questions, not specific to my account but extremely helpful.