I'm trying to purchase a home warranty so that in the case of BIG capex such as replacing the HVAC system, they can cover it or at least cover a big portion of the costs.

Make sure that you cluster the sales as closely as possible so that the replacement property can be on each 45 day lists of all the exchanges. 

This number decreases the longer I stay in a market because I'm generating more leads and closing deals off of follow-up.You can replace cold calling with SMS, direct mail, SEO, Facebook ads, etc.

Do we need to replace the sidings immediately after purchase if we proceed? 

In my state, the law says they remain responsible for the terms of the Agreement until a replacement tenant is found and that I must make a "good faith effort" to find a replacement renter.

Is this a risk we should take or should we simply request that they replace the damaged carpet with new carpet?

I plugged all the numbers into the Rental Property analyzer calculator, as modest as possible trying to determine what my unit would cost me after subtracting all other expansive, for example, 5% on Maintenance, vacancy, capital ex, and 11% management fees. that number is roughly $900 a month or $10,800 yearly that I would be responsible for. both scenarios look like this  A) Primary Resident: 69k (10% down + closing) +10,800 = 80k the first year VsB) Investment Property: 159k (25% down +closing) - $4704 ( $392 monthly cash flow) = $154,296 first year I feel that option A is the better option in year 1, but I can not figure out a true representation moving forward after the house hack is done and I replace myself with a tenet?

(2 years) we replaced some ceil tiles, lacquered the living room floor, painted all rooms but the bathroom, and put in click-flooring in the laundry/bonus room.

Typically, removing smells from drywall/sheetrock requires either complete removal and replacement or the use of stain blocker primer paints or other chemicals.

Windows need replacement, upgrade flooring, upgrade kitchen, upgrade all fixtures and fans, and upgrade out side landscape