If yes then invest it, if not maybe consider using it as down paymentDownside of down payment is it will be less liquid so also understanding your overall financial picture should be considered

And, I just don't buy that GPs will liquidate the deal to finance their personal problems - if that's the case, then I invested with a GP who was irresponsible to risk their family's financial future on a single deal.

Anyone interested in sharing notes, deals, connections, learnings I’d be more than happy to meetup virtually or personally.CheersRod happy to connect on miami. what's your liquidity? 

Anyone who quit their W2 for REI had the ability to probably withstand and succeed from 2 real estate cycles to where their paper net worth is huge but their liquidity is still tight and getting tighter with increases in everything price wise.

But it has requirements that go with it.On a $300,000 property, that 3.5% down would be $10,500 plus about $3,500 in closing costs that you have to have liquid (available) in order to close.

@Matt HendersonRally it’s whatever you want - if it’s low dollar then I would recommend dumping into the stock market or an account that get a you 5% +If you keep it liquid then you can pull it out later for another assetWe typically reinvest it in varying asset classes to keep our portfolio as diverse as possible

I get my properties sprayed for quests quarterly.

Check out the Delta Monitor and the Lahara Monitor lines ... we've been using both - the tenants have been happy with the shower spray and we've been happy with the reduction in water usage.

Normally, PMA's provide that the PM is entitled to damages for early termination, such as, the fees the PM would have earned for the remaining term or perhaps liquidated damages.

How much liquidity would you say he should have to buffer his risk?