In other words, would you be able to cover unexpected costs that might come up if that were to happen in month 3 or 4? 

Building a financial cushion for unexpected expenses is essential for successful property investment.Remote Work and Relocation: Your ability to move freely due to remote work aligns well with your investment plan.

It's crucial to have a prepared crew/contractor - that can handle any unexpected situation. 

If it were possible to invest within driving distance we would love that, since we are a little nervous about dealing with any renovations or even just unexpected maintenance from out-of-state.

This allows you to survive if something unexpected happens, or to invest again once you get some confidence and learn more.Trust your research, trust your calculations and ultimately trust yourself.  

The primary causes of being over budget were unexpected plumbing problems which then caused extra problems with the drywall and a decision to open up the house after the original budget was established.

I started doing some home flipping from 2001 - 2009, then got into buy and hold.I am at a cross roads, so I recently sold some properties, in an effort to have a portfolio of quality over quantity.Not exactly sure what my next move will be, the big challenge for me has been learning about tenant issues, and dealing with some unexpected repairs, both my wife and I took a course and are IPOANS CAM Certified (Certified Property managers).We only manage our own properties, plus have a couple of hired property managers to help with some out of town units, however, I have been studying tenancy rules, laws, and have become addicted to answering property management questions.What attracted me to join this site, is all the different types of real estate investment people are involved in.I look forward to participating in the forum.Michael P Currie

The delayed move-in gives us a few more days to wrap things up, including hang blinds and change outlets and switches.  

It goes to all the major outlets automatically whenever we have a vacant property.

@Enrique Saucedo, I did a substantial amount of remodeling on all of the units.The first 7 units, in Mountain View had essentially the same level of work: New flooring, new oak kitchen cabinets, new granite counter tops, new appliances, new toilets, new tile, grounding of electrical outlets, sheet rock, paint, new fixtures.