I’m thinking of suing the utility companies for not notifying me of non-payment creating unsafe/ unsanitary situations that led to house fire, thousands in damage.

Which is why I think house hacking is best for 90% plus of new buy and hold investors.I wrote an article on this a while back that goes into more depth and you might find that helpful: https://www.biggerpockets.com/blog/get-a-loan

Option 3: Pay large down-payment on modest rent ready house. 

this is a direct relation to lack of inventory.. new construction on many markets is as robust as its ever been.. we have had spectacular years the last 3 years of course during covid was tough with supply chains but my 500k house I am now selling for 700k and my build cost have gone up by maybe 100k.. so record profits for us.. 

I don't think the future will be kind to the investors who bought cheap houses in a big community of other investors. 

But do all the other houses in the subdivision have stained fences?

There's a specific forum for House Hacking.You'll want to spend some time reading through there as it's a common topic.

You'll typically need to set up your account and get familiar with the process of working with the local housing authority.

@Jason Lopez You don’t need an LLC to rent out a house in San Antonio, TX, but it can provide liability protection by separating your personal assets from your rental property.

My electrician insisted in rewiring my house without ripping out the existing drywall.