@Nick Richards I’m a service-connected vet, myself and have used my VA loan on several properties bought and sold over the years using my VA compensation as income to qualify, so not an expert, but I know a thing or two.

A reliable passive income must meet the following requirements:Inflation compensating: Rental income keeps pace with inflation, compensating for rising prices.Persistent income: Your income will last, ensuring you and your spouse won't outlive the income.The above is dependent on the investment city.In order to have a reliable income, your property must be continuously occupied by what I call a "reliable tenant."

Always account for it in the underwriting as if you self manage you deserve compensation for your time.  

But I think you can compensate by shopping for properties that might not need as much maintenance )(i.e. newer ones.) 

Would they sign a new agreement w/ a rent increase to compensate for utilities?

It is not the intended consequence but to compensate for increased risks requires increased revenues.  

Hi all, I'm doing a flip where the original owner converted the 2 garage into a bonus room and added a carport to compensate.

If the damage was not caused by you, it is perfectly reasonable to ask for some compensation.

They should be able to minimize disruptions, provide safe working conditions, and ensure that the tenants' privacy is respected.Offer incentives: You can offer your tenants incentives, like rent discounts, to compensate for any inconvenience caused during the renovation period.In conclusion, renovating an inhabited multi-family property requires careful planning, communication, and consideration.

He/She should be compensated a few thousand dollars for that work as long as you can still make money on the deal.