Some common items to note: roof, electrical and plumbing, window updates.

In fact I'd guess you could probably structure a discount into your agreement just because of the logistics (no roofs, no foundations, no yards). 1031 isn't a terrible idea but you've got a few hurdles outside of costs - you're going to have to have some possible properties already identified as your window is small, you'll still have to manage the property unless you go through a PM, you'll lock up more/most of your principal since you're going 'bigger'.

Fits the relatively narrow spaces well.2) Sliding doors: a little more privacy but more difficult to install.3) Walls: possibly need a permit, but might be easier.

@Jaekwan LeeA house hacking inspection checks for structural integrity, roof condition, plumbing, electrical issues, HVAC systems, windows, insulation, base and attic damage, unit conditions, and code compliance.

For example, single-pane windows can make heating and cooling more expensive compared to double-pane windows.

No broken windows, no peeling paint, etc.Good luck and best wishes.

There is a lot of time wasted with buyers so make sure you understand their goals, timeline, and make sure they are actually ready to move and not window shop.

The 10-year US Treasury yield retreated on Tuesday, accelerating recent downward momentum. 
The yield on the 10-year Treasury slid almost 8 basis points (as of writing) hovering at 4.158% following remarks by Fed Cha...

If a house does have some rotten wood ( siding and trim around the windows and or doors , missing an appliance or two ( say there's no stove or dishwasher ) ......

What ends up making this strategy riskier is if there is an overall market downturn, or a slide in rental price increases, or decreases is rent (ask folks who bought in Detriot in 1999 what happened in 2008 to 2010).