You'll have tenants that don't pay, damages made, and potentially other disasterous situations occur on your properties. 

Insurance cost for weather-related disasters is growing to a major concern in many of the southern markets.

Potential cash flow How did you find this deal and how did you negotiate it?

I am just curious if you are utilizing cost segregation strategies for your investments? 

The IRS has challenged simultaneous "drop and swaps," so allowing some time between these steps is advisable.You hit this right on the head with your answer with TIC.You could also potentially do a Exchange Post Distribution (Swap and Drop).

House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment. 

In our largest listing, we have a triplex with a total of 11 beds and 10 baths with each bedroom set up to be potentially rented by the room (electronic lock on each bedroom door, and most with a private bathroom).

She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.

One month of vacancy will cost you $2,600 + $200 utilities.

You could potentially put as little as 3% down if it's a single family home and 5% down for 2-4 units.