I have several months left on my lease.

Even though they cover all the costs, you'll still have to pay for closing expenses, about 3-5% of the loan amount.These loans are better for people who know their way around real estate, not so much for first-time buyers or those new to this game.Talk to a money expert, check out different lenders before you decide, understand all the risks, and look into other options like FHA or VA loans—they might be a better fit, depending on your situation.

There are some who believe all plumbing should be done by licensed plumbers and using unlicensed person for plumbing has risks that are unwarranted.The issue as I see it is useful life of faucet likely means replacement cost should have been prorated.  

While multi-family units can offer higher cash flow, they often come with increased management complexity and tenant turnover, aligning with your goal to minimize hassle.Investment Allocation: With a budget of $300k, diversifying across several SFHs in Raleigh could maximize both cash flow and appreciation potential.

Depends on if you tenant still wants to live there after its repaired.Also congrats on a brand new home, insurance will likely build a new one depends on how severe the damage is.

Yes there may be loopholes but do you really want to risk your IRA Based on theory which is clearly against the intent of IRAs?

In terms of taking on more liability, it boils down to what insurance will be less expensive and looking at what we are having to pay through the HOA (for insuring the aggregate of all units), it will likely be cheaper for owners to purchase individual HO3 policies to cover their units (as townhouses) as the carriers would not be taking on the risk of the entire $100M+ in aggregate replacement value, and the owners can take out policies for individual units with a whole range of carriers vs the HOA trying to get coverage through the secondary market.  

A lot of bookings were last minute (several same-day arrival).

@Matt BerklacyI have purchased several homes on auction.com and a few on other foreclosure and auction sites.

We have to adapt and take calculated risk.