At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

You have no way of knowing.Henry brings up an excellent point about going into a nursing home where she'll be paying some/all of those fees with Medicare. 

I’m ideally looking to buy that first property in San Diego.Thanks The best way to beat the price of the San Diego market is STR or by the room rentals in an excellent location.

A couple of years ago there was an excellent long article on BP about all the things to look for and ask when interviewing property managers. 

@Ben Trageser those are excellent points, thank you for the perspective!

I am particularly bullish in NC - good weather, no nautural disaster and climate risk, and excellent economic opportunities.

If you're thinking input into Excel or Sheets, then yes...I would expect everyone does this today.If you're thinking you type in "Riverside  Apartments" value on ChatGPT, I don't know that that ever works. 

Fast forward 20 years: I now have money in the bank, excellent credit, live modestly on my own, and run a business that’s doing well.Unfortunately, I wasn’t able to save much for retirement during most of my life.

Excellent info!

Yes, @Dave Van Horn is a great guy with an excellent track record and a stellar reputation.