@Troy P. this is completely out of your hands. 

An LLC can help limit that risk but not completely.

There may also be a requirement that funds be held in escrow to guarantee the repairs are completed.

But I use to be able to link the property management portal to my bank account in case I need to contribute fund to the property management company's account.My accountant is willing to charge a small fees and handle the above payment for me, however I might have a bigger amount due to IRS after completing the 2023 TR (for capital gain tax), so I am not sure if I am comfortable to send my accountant a large amount and she then pay IRS.Also would anyone recommend any good / reliable accountant for my TR 2022 and 2023, who is also familiar with FIRPTA withholding?

If you fail to disclose and there is a loss, such as a fire, caused by the wiring, then the insurer would have grounds to reject your claim.

Some houses need all big ticket items and a complete cosmetic overhaul inside and out. 

Much appreciated.Respectfully,MattHi Matt, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Some folks claim that this is what takes to pay a team of analysts.

Absolutely- I totally know the challenges firsthand working with this demographic and watching as affordability has completely been obliterated in the past 4 years.

Risk - in this scenario, I'd say the property is more risky than the stock market because you are completely consolidating your capital into one asset.