I would think if you're renting a basement you have to have an emergency exit.

The deals are there in the beginning for displaced, panicked and uninsured people FSBO because they have no emergency fund to pay for rent and a mortgage.

We aren't even close to depleting those funds yet, but I try not to use them and save it more for an emergency situation.So at the end of the day I'm not worried about having to fork over money for the repairs.

Ally savings (where our emergency fund is for our home @ 1.9%2.

We walked this property today, but couldn’t get inside because our realtor had an emergency.

My goal with this approach is to use lower living expenses to improve my day job cash flow and begin house hacking where market values are low enough for me to "start small".In the spirit of collaboration, I'd love to take this chance to share the latest draft of my emerging investment strategy for feedback.My "Why" and CF Goal:I love not working for someone else, and I'd love to travel without someone counting my days out of office.

Hi Kevin,My go to commercial real estate reports are:IRR's annual Commercial Real Estate Trends ReportPWC's annual Emerging Trends in Real EstateCBRE's biannual North American Cap Rate SurveyRCLCO's quarterly State of the Real Estate MarketMarcus and Millichap's annual US Multifamily Investment ForecastI am certain that all the ongoing info you need will be included in these reports!

I agree with your assessment that people do not prepare for emergencies and buy more *stuff* than they can afford.

@Josh Bast make sure you have sufficient funds for emergencies, but I would save some cash for the next good deal.

The ADA requirements are very specific: doorway widths, length of handrails, amount of space on stair landings, emergency alarm in shower.