unexpected vacancies. 2 were at market rate, so that sucked.

For those unforeseeable accidents, your liability insurance protection is far more likely to protect you than an empty LLC.

Generally more, however this accounts for any unexpected bills or situations that arise during this time.

@Tad FisherIt's funny, because I almost moved to LA to invest in RE, and only stayed in Toronto because of an accident, but started investing here instead.

Sorry for the unexpected issue.

I would tell them your concern about vacating and you having to eat the costs of an unexpected turn over and that you would like to help them with their new exciting addition to the family as much as possible.

Does anyone have a "standard percentage or rule" they use for setting aside cash for the unexpected during a flip? 

Can you imagine getting an unexpected hit of $108,000?!  

So basically I had all this land exposed in my name, what happened if someone got into an accident even on my vacant land?

One day when my wife decides I am not worth it anymore and has me die (by sheer accident) she will find my daughter now has a completely tax free business empire (granted, a small one) that she can leverage to do amazing things for the rest of her life.For continuing contributions, in your scenario where you have no matching it is really up to you.