We are looking for houses that are real rough and need pretty much everything but I'm staying away from homes with major structural issues which I have run into quite a bit so far.

Water and sewer are common for landlord to pay.

Most are not as good at determining the accounting and tax allocations issues. 

However, there could always be issues with title and title insurance may be difficult get. 

@Kyle Mccaw is right @Jonathan Krauser.That is one of the issues when using a PM, sometimes.

A dedicated team shares a common vision, working together to achieve sustainable success and maximize returns over time.👥 Networking & Relationships: Building relationships is crucial in real estate.

Make sure you stay on the good side of the building department and code guys and you'll have no issues.

That may seem obvious but in my experience, 99% of ongoing maintenance issues are because the property is old and needs either a large cash infusion to make them go away or what I like to do is 1031 exchange into something newer that requires less work. 

But the reviews of the all the top home warranty companies don't give a good feeling about the practicality of using one including poor service, delayed appointments, multiple visits to fix an issue, keep patching the appliances and systems instead of replacing, offering low replacement costs if they decide to replace, not to mention the tenant frustrations because of these issues.

Unfortunately, I started having repeated issues with Airbnb’s system not syncing properly with it (PriceLabs had no problems syncing).