Just another opinion from an inspector and investor perspective: it is important to have an electrical shut off switch (at least 6 switches or less) to kill all power to a home in case of an emergency.

That included my personal emergency fund. 

Good luck and great job taking the first stepsThanks Chris, I am in the process of trying to find a few handymen or specific trade works (plumber, electrician, etc.) now so I can have them ready when the need arises.

An outsized percentage of them are guys who never quite made it in the trades and decided to get their home inspector's license to supplement a not-so-steady income from other sources.

We will put that $95,000 into the emergency fund and continue to save money until our next purchase.

We remain open to fellow real estate investors and trades, lawyers, PMs, contractors, and those willing to share mutually dialogue on the topic of BRRRR investing in the U.S. — Florida, Texas, ArizonaHungry for knowledge, ravenous to connect —David and Joanna

RPA is a Milwaukee based non-profit and your support is appreciated.We are hosting an emergency Zoom call tomorrow with Atty Tristan Pettit, anyone can join, details under RPAWI.org

@Spencer Herrick Do you have an emergency contact.

Trade war stories?

With plans calling for a 3/3 unit and 2-2/2 units and similar triplexes trading north of 750k this is a home run investment to keep in his portfolio.