There are lots of issues that can pop up that are out of your control with the HOA but affect your guests. 

The loan is issued to an individual or a disregarded single-member LLC, as opposed to loans issued to partnerships or corporations. 3.

And than family issues happen.

While tenant protections are strong, landlords still have legal recourse to evict non-paying or problematic tenants.

The large scale BRRR can be tricky, but having a JV from the start will help.My clients down in GA are doing well with a BRRR centered strategy, but focused on one, or both of these things to cash flow quickly:1) 2-4 unit properties2) Section 8In most lending circles, your 2-4 units are going to be classified in the same category as a SFH, so to rehab a hand full of those, you don't take the same kind of rate hit as the 5+ unit properties, but you also don't have the same kind of "experience" issues as you do with larger developments.

Going from 1 to 2 is hard legally in most towns and doing kitchens and baths in basements are near impossible.

I haven't had a single issue or complaint at any of my units in 10 years.

Tenant will get what is legally required and not a cent more. 

The issue with the floor is that the soft spots are likely caused by leaks in the plumbing under the floor.

My legal advisor is advising I have tenants pay to the LLC.