Ultimately, finding the right investment location requires thorough due diligence and a clear understanding of your investment objectives.

Right, the list of things to maintain and/or replace is never ending; rugs, AC filters, light bulbs, water filter in fridge, detector batteries, pest control, coffee maker, stove eyes and pans, silverware, bowls, glasses, sofa cushions, pillows, blinds, brooms, mops, vacuum, brushes, shower curtains, bath mats, beach towels. 

Each with there own regulations above what the state and county requires.

In addition the Tenant may require 6 months of a ramp up/build out period before paying rent.  

if you're using debt to do the project, your lender might also have requirements for this. i've heard horror stories of break-ins & tons of equipment stolen, flooding, fires, etc during flips.

It's crucial to establish your investment requirements, investigate various avenues, connect with local investors, take into account innovative financing possibilities, carry out exhaustive due diligence, and bargain skillfully in order to locate a lucrative multi-family property for house hacking.

However, life can get complicated, and if you find yourself needing more time to gather your documents and complete your tax return, there’s an option available: filing for an extension.Understanding the Extension ProcessTaxpayers who require extra time to file must submit a request for an extension by April 18.

Each time it rained hard, water would rush down the hill and go into my basement via a too low window well.

Managed property purchase.Negotiated water rights to be transferred in the sale.

There are things that you can do as part of your lease requirements to lessen your liability or shift the coverage to the Tenant.