Some background is I'm 21 my grandma put the house in my name when she paid if off incase she dies unexpectedly.

It’s challenging to plan for the unexpected but knowing how unfortunate situations will be handled before they occur is beneficial to everyone involved.

Until we get past those constraints, I don't see new housing creating oversupply.That being said, an unexpected economic event could shift things quickly.

Be expected for the unexpected.

You don't want to over extend yourself, but the banks will prevent you from borrowing too much though you need to make sure you have enough savings for the unexpected.

As I have grown, I have learned (continually learning) more on how to structure my finances to ensure for financial stability during the unexpected that often arises while owning property.

If I die unexpectedly, my family is taken care of.Retirement accounts were meant to replace company pensions by reducing employee income during employee working years to save businesses money.

Being able to come up with an accurate rehab estimate (and accurate means assuming the worse and then adding a contingency on top to account for what always shows up unexpectedly) is not something that should be taken lightly. 

What were the headaches and unexpected costs that came up?

-What unexpected issues did you run into after you bought your properties?