For example, I could purchase a home with the intent of it being my primary residence, then due to some unforeseen circumstances have to move, that is in general ok.

If anybody has any questions I will be glad to try and help.I fully believe this is a unforeseen home value crusher on the coast.

I've bought many properties that looked great on paper only to find out that the home attracted the wrong type of tenant amongst a host of other unforeseen issues.

Wouldn't stop a comment from being made but if it were not for the mention feature the offensive comment would probably go unanswered and unforeseen.

You will need reserves to handle any unforeseen expenses that may occur.

Generally the best way to estimate the rehab is to addup every major item, add a few thousand for knick knack, a few thousand more for holding and then maybe a20% unforeseen allowance.

If something comes up that is significant and unforeseen or if your ARV has changed based on market conditions (therefore causing you to reduce your selling price), there is a possibility that your profits are wiped out.

Do account for a lot of unforeseen expenses, almost over compensate for them.

Then if anything unforeseen happens (and it will somewhere down the road), your home is safe.Additionally, pulling a HEL or HELOC on a rental property is very difficult.

.) = $30kYou are left with only $30k for closing cost, holding costs, any unforeseen expenses, profit.Are you going to be financing this or paying cash for everything?