Proper loan structuring on the front end reduces risk, prevents delays, and positions the deal for long term growth. 

Footage is not for prevention it is for proving damage or god forbid an injury claim.

Zoning, Entitlements & Land UseVerify current zoning, process to change zoning, annexation, allowed density, setbacks, and amenity requirementsReview comprehensive plan & future land-use mapStudy local subdivision ordinance, platting process, and timelines for approvalsResearch impact fees, school concurrency requirements, impact fees, and permit fees.Lobby planning and city council members at an early stage to uncover potential political issues preventing approval.6.

Are you doing mostly reactive repairs or getting ahead with preventive stuff?

I think I’d go with a house hack to reduce your living expenses and focus on saving as much money as possible for another down payment

You reduce living expenses and learn landlording and can get in with a lower down payment 

For your first 5-10 properties, most successful investors hold them personally with killer insurance and focus on proper tenant screening and maintenance, which prevents way more problems than any legal structure ever will.

As a newer investor especially, focusing on markets where the rent-to-price ratio already makes sense and where there’s consistent economic activity tends to reduce risk and keeps you from chasing hype cycles. 

If the hold period is short, the benefit can be reduced because of depreciation recapture later.• Is the depreciable basis large enough after subtracting land for the study cost to make sense?

Since it’s a seasonal/weather issue that prevents you from fixing the paint right away, the first step is to contact your local building or health department and explain the situation, showing that you have a property management company ready to remedy the issue as soon as conditions allow.