He pathetically explained that he has no significant other, family (remarking,"I'm not like that") or really friends. 

(The exception would be the rare deal where the property changes hand for a price far below real market value).The sub to or wrap adds a certain degree of ADDITIONAL risk of failure.  

Voucher amounts are reassessed annually, and they can change on a dime depending on the tenant's situation.

They also don't understand the law, or the changes that are happening around the country.

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?.

So for our deal, even if it was cosmetic changes it took us a lot of hard work.

When I made some changes to the property and put it back on the market about 15 months later for double what I paid, it was under contract in 48 hours.

And still, neighborhoods can change, tenants can go rogue, things can break etc.I'm always looking for ways to help protect investors so I'm open to any ideas you have.

If so, you'll want liability coverage, which can only be provided by the owner's insurance policy.You want to be INSURED not just have in Interest (which only alerts you about policy changes).

I've house hacked twice starting at 22 and it's changed my life.