Often the HOA Master Policy covers some or all; you/your insurance pays the HOA deductible; the lower unit pays for any upgrades they installed.Water damage that presumably occurred over some period of time could very well initiate mold growth if it was not promptly and properly dried out.

If things go how they have been thus far, you'll not only pay off the construction loan, but often the new build will appraise high enough that you'll be able to pull out some or all of your investment as well (i.e., a new construction BRRR of sorts). 

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

However,  all core anticapitalists believe that the enemy of Western societies is capital ownership  rather than inadequate use and distribution of social resources.

A strong team will communicate, provide clear bids, send pics/videos to document completed work, etc.We've taken over properties from many PMC's that did some or all of the above poorly - not that we are perfect.One should always try to imagine what can go wrong and then plan how to avoid potential problems.When someone says, "just trust me", DO NOT and walk away!

Security deposit of just 1.5 month rent would be inadequate right?

Are you looking to have each property on separate notes or all under one blanket loan?

At that point, some or all of your losses may be deductible that year with the rest rolling forward.2. 

My goal for this year is to purchase 2-3 SFH or 2 MFH's, priced between $120k-$285k in the Memphis area, 50% down or all cash depending on the property.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion