There is no issue that I can think of regarding taxes.

I have not had any issue so far. 

But, while capital raising is typically the hardest part and an art in itself, I know many true operators that have far less issue raising capital.  

I was listening for the part that worries me: liability, but he acted like it wasn't an issue with a signed liability waiver and proper insurance.

I am writing to seek clarification regarding the insurance claim check that was recently issued to me as the payee, with both my personal name and the mortgage company's name listed.

Also, are there other things I may not be taking into account, other than "quality of life" issues?

We’re three weeks in and 6/10 houses are ready to go and the others have issues that would have delayed the package. 

I only buy off-market now.Here are just a few: properties with title issues, court settlement claims, master leasing, lien & mortgage acquisition, seller carry back, options as well as traditional buy & holds, flips.

I purchased the property from Cheap Lands and was issued a Quit Claim Deed.

If my tenant has issues, I can be there in 30 minutes.