Then, bam, something unexpected happens and all our plans are disrupted.

in sink.Hard water deposits on sink at faucet.Sink not cleaned.Dirty area on wall at the left end of the shelf, right of the outlet, and possibly dirty water spots on wall and shelf to the right of that.Kitchen blinds over sink dirty.

Using the 40% for expenses I use because I'm willing to manage for free and I have optimism about the area, its right at $99.For rentals, though, you do need some cash in the bank to cover unexpected and expensive items like furnaces, evictions or tenant damage.

Meaning, you are not building reserves for expected and unexpected repairs you may face as well as vacancies.

I give the interest in a christmas card at the end of the year.Usually comes out to be 20 bucks or 30, not much but always unexpected by the tenant.

Since you have torn out the old toilet and base cabinet, now is also the perfect time to rip up the old vinyl and put down ceramic floor tile before the new fixtures are installed.New lighting, mirrored vanity cabinets, G.F.I. electrical outlets, wallpaper borders, towel rings and bars are usually the finishing touch.

Many seniors use it to supplement social security, meet unexpected medical expenses, make home improvements and more.

One of the biggest mistakes made by people who get unexpected windfalls is GOING NUTS WITHOUT A PLAN.

That system works great as long as life doesn't throw any unexpected curves.

If the rent is $1000 per month (just a round number), you should probably set aside about 3X that amount for unexpected repairs or a long vacancy between tenants.