Here are a few thoughts and I would love to hear what others think.Real estate is cyclical and there will be ups and downs caused by interest rate movements, mismatch of supply and demand and general economic conditions related to expansion and recession. 

Obviously you can becuase you live there, but understand that that can cause more stress too especially if the tenants know you're the owner AND you're living there. 

Also, the availability of some contractors and their subs can cause a few delays.

China economy causes global recession due to hits in supply chains.

Well, it’s caused a lot of confusion to say the least.

Your query about charging the Tenants for repairs - probably not; it depends on if they caused the issue at hand?

I would advise you to consult your tax professional as we do not know your individual tax situation, nor what caused your initial interest in QOFs.To answer your question sincerely (with a common answer in the tax and accounting world), "it depends".

Same day my Realtor called said I had to purchase an additional parcel be cause of an easement for 10k more.

My tenant of 8 years vacated and obviously had allowed the dogs to urinate on the floors, cabinets, carpet, etc causing major damage.

There are A LOT OF TRAPS along the way that can/will make the deal fall through (and cause you to lose your earnest money).