I just always advise new investors to keep a reserve in the bank - the peace of mind that will bring will be worth it.

We are still operating in a historically low interest rate environment and while none of us really like it, it's actually good for the economy.Best of luckStephanie

With combining some simple door/window sensor, a smart thermostat, and a good web interface provider to combine this data you can have great peace of mind. 

[Once the world says "peace, peace", won't banks (suspiciously) find reasons to increase rates?] 

Peace yall, My name is Michael Hansell, I'm a new real estate investor in Tallahassee Florida area and by new investor I mean I've been analyzing deals for the past 2 months, listening to the bigger pockets podcast for the past year and will try to get a property within the next couple of months! 

Not a lot to spend for some peace of mind on a project.

With another child coming, I think you will appreciate having the peace of mind that you are not leveraged to the hilt and still have a larger, more comfortable place to live.

If we are looking at a house for both of us strictly, we need to look at a different price point (more around 180k range) and than consider the next 1-2 years to save for a down-payment on an investment strictly.My question to this group: What are some pros and cons that you think about when determining - peace of mind living in your space vs. looking at the space as income-generating/business mainly?

Some landlords go the cash for keys route; its an option, but I've never had to give up that much to get a non-performing tenant to move-out peacefully. 

So I wasn't new to the environment and experiences.