For example, a few weeks back me and a couple buddies went to VT for the weekend, spent a couple days up there hiking the Adirondacks, going to the shooting range, and eating some really nice meals.

Remember, they need to eat too.

That will likely eat up between $2000-3000 annually as well.

Since he's moved in, another tenant complained to me that he was eating his food without asking, yelling loudly when he's gaming during the day and night.

Don't put all your eggs in one baskey because short sales are not gaurenteed to be approved.

Eat out a lot?

I typically don’t go out to eat all too often and my food bill has been super low.

I feel like a few repairs and property management or tax increase might eat up the profits. 

If I stop showing the apartment and they do not have the funds on 4/1, I would be eating up the cost of another vacancy.

Both these can include owner occupied and absentee so you aren't putting all your eggs in one basket so to speak.Good luck!