Thats a bit greasy at best.Thats all assuming that the reason you are pulling out is not because something unexpected was found in an inspection, which would be a totally normal thing if you wrote that contingency into the offer and did in fact not like the results of inspection.EDIT. if you have made offers on multiple properties and more than you can afford accepted, consider taking on a partner or find alternate financing rather than trying to pull out. if they accepted your offers, I would assume that numbers work.

And you'll have new cracks in unexpected places, old cracks that will not close, but instead enlarge.

I see a lot of out of state investors get burned by buying things in areas that they assumed to be of a higher "grade" than what their results showed it to be.If you end up in the Warrensville Heights portion of 44128 keep in mind that there will be POS and occupancy/rental license requirements in place that may cause unexpected costs to add up quite quickly for you.

Also I already got few unexpected garage and electric issues, so had to put extra cash.  

I feel this will be a safe choice because the first one will be generating about 1200/m and facing any vacancies or unexpected incidents that could be very helpful.

Or a couple who ended up having triplets unexpectedly and needed a bigger place. 

If you did your homework right, you would have calculated your “Rehab Cost” correctly, making sure to account for the unexpected when it comes to repairs.

This way you are ready for an unexpected booking.I plan for same day checkout / checkin.

Make sure they understand you want to be in the loop and not surprised at the end of the month with unexpected charges.

There is NO room for unexpected expenses, let alone an economic downturn.