However I’m wondering if that will be a mistake as by the time I’m done pretty much everything will be done with the house, new HVAC (unplanned) and huge trees being trimmed to name a couple big items I planned to tackle down the road.

Identify unplanned expenses like car maintenance, house repairs, etc.

Will you lose money some months and have to pay out of pocket for some stupid, unplanned expense?

Can you afford to make pymts if you have long-term vacancies due to unplanned repairs and murphy's law?

At some point, that debt becomes impossible to make payments on in the event of an unplanned circumstance.Think of all the folks who finnanced too much for their over valued houses before 2008, using interest only mortgages because they couldn't afford a conventional mortgage.

This is assuming I did all my acquisition numbers right and an unplanned emergency doesn't wipe me out in my first year of course!

Is there room for mistakes and unplanned repairs in that rehab budget?

The last property I sold, as a result of the inspection, I paid and unplanned $906 to have a roof repair done.

You don't want to arrive in Denver and be left out of unplanned events.

It wouldn't have worked if I had planned to hold the house (or got stuck with it unplanned) but since I fixed it up and resold it in just a few months I was able to pay them off from the sales proceeds.