Quote from @Jim Stanley: You should reserve insurance for large claims.Contact the city and report the issue to them.

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

Obviously there is risk involved (as with anything).

An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.

The LTR passive losses are reported on Schedule E and are not applicable to W2 income as I am not a real estate professional and earned above a certain threshold. 

If their rudeness etc causes me to not be able to do my job (they yell at refuse to let me in when I've posted notice), then that's a violation for interfering with management duties, on top of the violations for disturbing their neighbors, housekeeping violations, failures to report maintenance, etc..

I could be wrong.What you tell contractors is: if you do not separate labor from materials, then I have to report my ENTIRE payment, L&M, to the IRS as your income, and then it will be up to you to deduct materials from that income on your end. 

It might be overpriced or might be correctly priced but is not generally desirable because of the work involved. 

The value added should be significantly greater than the cost of the effort to compensate for the effort involved and the risk. 

Here are some key elements to include:Lease Agreements: Ensure your contracts reflect the latest laws, such as notice periods for entry or rules around security deposits.Fair Housing Compliance: Familiarize yourself with federal, state, and local fair housing laws to avoid discriminatory practices.Property Standards: Regularly inspect your properties to ensure they meet safety and habitability standards.Tax Documentation: Keep accurate records to comply with tax reporting requirements.4.