Maintenance and by the time you go to sell. it will need updating
Discussion
Yeah. You have to have money for maintenance (or go further into debt to cover it).
In a falling market, these costs add to interest/taxes/insurance.
Likely still cheaper than renting, but you gotta come outta pocket and hope to get it back on resale.
Must consider the labor hours for repair, and that if there is ever need to rely on a tradesman, must be willing and able to find one, shop around, take the time to schedule / coordinate appointments, and stop them from padding the bill - which requires being with them literally al the time they are working, or else just the cost to pay whatever they say they did.