Are there any hidden pitfalls or unexpected benefits I might have missed?

Hey @Joshua SmithWhat was the unexpected issue in my first house hack?

I'm delighted to offer a copy of what we've developed over the years.

The electric bill came up unexpected that month7.

Less leverage means that the greater cash flow can more easily cover unexpected expenses without di[ping into capital reserves or personal cash, hence less stress.  

60 day turn around, I put 90 just to allow for the unexpected. 30 day reno timeline as per my contractor.Help!

Actually, timelines are 99% of the time shattered by unexpected work and change orders constantly popping up.

There is nothing that ruins a business relationship quicker than poor communication and unexpected fees.Some PMs add a flat fee or a percentage on top of maintenance bills.

Here’s my takeThere’s obviously a big difference in “unexpected” expenses between a property in which just had a gut renovation including roof, all operating systems, siding, etc., and a older property that someone slapped a coat of paint on.  

In 2 years, I have bought 7 houses, 8 doors total- and have now unexpectedly had to replace 2 HVAC units.