You will need to use your money to rehab the house, pay the monthly interest on the loan, and you will need some cash in reserves for unplanned items.    

While I might not fully agree, I do understand that many people would feel the high rate of failure to complete and end up with a home constitutes "churn" and is in fact predatory.In the workshop for Lonnie Dealers we just held in Chicago, we spent considerable time explaining how to eliminate unplanned churn to the attendees and why it is actually more profitable to eliminate high levels of non performance by their customers.

But at least it's safe and UCLA fans are very nice people. and on and on and on...Please do your due diligence  before leaving Cincinnati for Los Angeles unless you can "out earn" any unpleasantness that an unplanned relocation FROM Los Angeles might entail. 

Had an unplanned shutdown starting the day after the Super Bowl. 

While I had planned all along to add the third bedroom at some point, I ended up doing so much quicker than expected but very pleased to have increased the appraised value by $45,000 in just under a year for what turned out to be a somewhat unplanned BRRRR of a turnkey property.

Doing this as an evolution of steps it will be taking on just 1 minor thing of non-experience each time, as that leaves a small variance area of things to go wrong and mitigates added funds needed that are un-planned. 

Have they ever had to make an unplanned capital call, and why?

Here are just a few reasons:A poorly run condo association may charge special assessments to make unplanned repairsYou may not be able to sell if the condo HOA gets in a lawsuitAs a landlord, what do you do if the neighbor, who owns his units, is a hoarder and attracts rodents?

Since the crash we have only had 1.5 months of unplanned vacancy.  

Murder boards are helpful too, however unplanned.