.- The bathroom flooring was covered in mold and needed to be replaced.- The kitchen sink was unsecured and fell into the kitchen cabinet.- My insurance was cancelled until I fixed roof issues.- Debris littered the recently occupied unit, the basement, and all over the back yard.As mentioned, we had an initial video walk through before the contract to purchase.

Does he not cover that yet?

Until then, hopefully you can charge enough to at least cover your expenses. 

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

If you do outsource, some management companies will cover various things like cleaning, supplies, etc. so look into that as well. 

House hacking lets you live in one unit and rent out the others, which can help cover your mortgage and generate some extra income.

My savings was completely drained from interest payments and surprise costs I had to manage, and lots of little costs that at the outset I believed this guy would cover (100 to mow grass, every two weeks).

Additionally, they made the argument that, as a large company, if something went sideways with an investment, they would cover the losses.

lastly there are plenty of locks you can put on these switches or covers which you should invest in. 

Some examples:Section 8 typically covers 80% of the rent (depending on tenant income), with tenants responsible for the remaining 20%.