You need to have emergency savings and a maintenance reserves...I suspect if you are having trouble building the 3% then you may not have those important cushions in place.

The more efficient I was the more they called so I started letting the calls go to voicemail and would call back immediately unless it was an emergency situation.

We're hoping to identify the pain points of those currently managing rehabs and determine the best way to solve for them with the use of AI, emerging technology, and automated processes.

Additionally, with the emergence of security tokens exchanges (like  tZero and  OpenFinance), investors can easily access liquidity in the secondary market.

After you narrow down on 2-3 markets, connect with people in those markets and fly out there to immerse yourself in the area.I highly recommend reading David Lindahl's book called Emerging Real Estate Markets. 

Do any of you know anything about emergency short-sales in florida?

I would say if you have the funds available...get it done now...gives you alittle more negotiating power instead of needing it done in an emergency situation.

I had to make an emergency call and I’m currently waiting for a plumber.

As a licensed agent, I can help you analyze and find deals with great returns.As for the financial situation, 50k will be a tough purchase price to work with unless you're interested in early emerging markets.

They'll even be on call 24/7 for emergencies so tenants are calling them if a pipe burst, not the landlord.