If there are places where wood is splintering such that a person walking in socks can get injured I would address that.

NOI, and thus cap rate, feeds into how much of a down payment is required b/c it feeds into the "sizing" of the loan.Many asset classes, like apartments and offices, have less than ideal in place cap rates today, so you need 35% or 50% down to buy them (unlike a DTI-based home loan, your personal W2 income cannot be used to significantly offset).

I’m working on an Amazon-based side hustle at the moment, and have been trying to break into tech for the last year with 10 personal apps set to release on the App Store sometime this year.

A lot of plastered houses only have a 1x4 mounting boards behind the plaster, you always have to watch that when installing a pedestal sink in an older home's small bathroom.

This can be particularly appealing if the seller is facing financial difficulties, needs to move quickly (perhaps due to relocation, divorce, or other personal issues), or the property has little to no equity and they can't afford to sell it through traditional means without bringing money to the closing.

House hacking will also give you some personal "property management" experience.

According to the Culture Index, I'm a "Technical Expert" personality type.

And if you ever sell the property the LLC will have to sell and do the 1031 and buy the new property.Or you could stay as tenants in common (your LLC, your wifes LLC, and the other persons llc). 

House hacking will also give you some personal "property management" experience.

Personally, I would start by diving into recently sold (6months) properties within a mile that share similar characteristics to your home.